Indiana Social Studies GE.5.8
The Standard
Analyze the history and current trends of U.S. and international commercial banking.
2026 Indiana Academic Standards: K-12 Social Studies
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students trace how commercial banks changed after bank runs and new rules. They compare past and current banking in the U.S. and another country, using examples of deposits, loans, or digital services.
What Mastery Looks Like
- A student explains how U.S. deposit insurance addressed bank runs and why the 2007 Northern Rock run showed that confidence still matters abroad. They use a current example, such as mobile deposits, to explain another change in banking.
Common Misconceptions
- Students may confuse commercial banks with the Federal Reserve and assume both take ordinary customer deposits. They may think U.S. deposit insurance covers banks in every country or prevents banks from failing.
How to Assess It
- Exit ticket: How did U.S. deposit insurance respond to 1930s bank runs, and what does the 2007 Northern Rock run show about banks abroad? Name one current change in banking.
Lesson moves
Ways to Teach It
Give pairs cards for 1930s U.S. bank runs, 1933 deposit insurance, the 2007 Northern Rock run, and mobile banking to sort on a timeline.
Ask students to write whether a banking app could make a bank run spread faster, using the Northern Rock card as a comparison.
Play a matching game with cards for bank runs, deposit insurance, mobile deposits, and international transfers, plus short U.S. and U.K. examples.
Compare posted international transfer fees on two bank websites, then calculate what sending $100 would cost before exchange rates.
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Printable GE.5.8 Worksheet
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