1- Banks are businesses. Like other banks, they seek profit. How do they earn profit? 2- Why might an individual want to use a bank? Give an example of why a person would use a bank.

3- Why might a business want to use a bank? Give an example of why a business owner would use a bank.

4- What is the Federal Reserve?

5- The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?

6- How does banking affect the money supply?

7- What would happen if banking didn’t exist?