Central Banks & the Difference Between Money & Currency: Base Financial Literacy
Many adults spend most of their productive years chasing and gathering dollars. But can they explain what a dollar is? Why are 1913, 1944, 1971 critical dates for world finance? Let's explore the Federal Reserve and what constitutes money!
Mark Brown
Average rating:
4.9
Number of reviews:(33)
What's included
1 live meeting
55 mins in-class hoursClass Experience
Students in this course will come to understand: - The birth of a dollar. Where do they come from? Who makes them? What's their overall plan and goal? - The formation of the Federal Reserve - The Bretton Woods Agreement - The end of the gold standard - The potential end of the petro dollar Armed with this information, students will be better positioned to understand the present day situation as well as potentially predict the future. After the main lecture, a question/answer segment will follow designed to have students connect these undertaught concepts to their everyday lives. Students can elect to continue their studies with "The Socratic Circle about What Constitutes Money".
Other Details
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Sources
We will refer to the Federal Reserve's own website (https://www.federalreserve.gov/) during this lecture.
Joined March, 2020
4.9
33reviews
Teacher expertise and credentials
Mr. Mark Brown, M.Ed., was the founder of Headwaters Academy, a private school in Ontario, Canada. He retired from the 5 day work week before the age of 40, and presently teaches financial literacy on a part time basis (for fun!) in the public school system in Ontario with students in grades 4 through 8. He is also a serial entrepreneur and real estate investor. The birth of a dollar is most often a skipped concept - by bringing this to light Mr. Brown helps students understand the financial system as a whole. Reviews
Live One-Time Class
$28
per classMeets once
55 min
Completed by 1 learner
Live video meetings
Ages: 11-15
4-12 learners per class
