Leslie Lum's Introduction to Business: Readings and Workbook: "Appendix 2: The Federal Reserve Today"

Read this overview of the Federal Reserve. Note that this document covers the topics outlined in subunits 4.3.1 and 4.3.2. Then, in the Exploring Business textbook, review Section 13.2 and consider the following questions as you read: What were the causes of the 2008 banking crisis? What does the FDIC do for you if you deposit your money in a bank? Are savings, loans, and credit unions part of the banking system?

Click BUS101-Appendix2.pdf link to view the file.