79

Lesson 79 of 84 ยท Economics

Banks and How They Help

Banks accept deposits, make loans, and provide financial services. Your deposited money helps fund loans to other people and businesses.

Key Facts

1

Money is a medium of exchange.

2

Needs are different from wants.

3

Supply and demand affect prices.

Check Your Understanding

Question 1

1 of 2

What is trade?

Banks and How They Help โ€” Economics | 3rd Grade Social Studies | LittleActivity | LittleActivity