Most of the banks in the US are commercial banks.

About 20% of savings and loan associations failed in the late 1980s.

The primary ways banks generate profits is by repossessing cars and foreclosing on homes.

Bartering is a preferred method of exchange, because you immediately have an item that you want.

Savings and loans are financial institutions that:

A financial institution that offers short-term loans to businesses and customers at higher rates than banks is a:

Insurance companies:

Most of the banks in the US are:

To be used as money, an item must be:

________ are funds set aside for emergencies, such as a rush of withdrawals.

The primary responsibility of the Federal Reserve is to determine the amount of money in __________ and either increase or decrease it.

A _________ is a loan used to buy real estate, such as a house or an office building.

Without money, people would be forced to ________________, or trade goods and services directly for other goods and services.

Modern society uses coins, currency, checks, and debit cards as part of the _______________.

Not-for-profit financial institutions set up by organizations are:

The rate that the bank pays customers for keeping their money is called:

The central bank of the US is: