Florida SS.7.E.2.2
The Standard
Describe the banking system in the United States and its impact on the money supply.
Florida Next Generation Sunshine State Standards for Social Studies
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students explain how commercial banks take deposits, hold reserves, and make loans. They connect bank lending and Federal Reserve actions to changes in available money and credit.
What Mastery Looks Like
- Students can trace how a deposit supports new loans and spending. They can explain how Federal Reserve decisions may increase or decrease borrowing and the money supply.
Common Misconceptions
- Students may think banks lend every deposited dollar or keep all deposits in a vault. They may also confuse commercial banks with the Federal Reserve or think only printed cash counts as money.
How to Assess It
- Give students this prompt: “A bank receives a $1,000 deposit and lends part of it. Draw and explain how this can increase available money.”
Lesson moves
Ways to Teach It
Run a token-bank simulation where students deposit money, hold required reserves, issue loans, and track spending through several rounds.
Ask students to explain in writing how lower interest rates might affect borrowing, spending, and the amount of money circulating.
Play a sorting game with cards labeled deposit, reserve, loan, interest rate change, money supply increase, and money supply decrease.
Compare a savings account, checking account, and loan offer from local bank websites, then identify each product’s role in banking.
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Printable SS.7.E.2.2 Worksheet
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