Banking, Investing, and Insurance

9th - 12th Grade Banking, Investing, and Insurance FIN-BII-2 Demonstrate an understanding of basic banking concepts, terminology and operating procedures. 2.1 Describe the role of money in the economy. 2.2 Explain the role of banking in the economy. 2.3 Outline the history of banking, including the development of the Federal Reserve. 2.4 Define terminology unique to the banking industry.