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Standards Met in Ohio

• 9-12.AG.21Grades 9th, 10th, 11th, 12thThe Federal Reserve System uses monetary tools to regulate the nation's money supply and moderate the effects of expansion and contraction in the economy.
• AMG.9-12.21Grades 9th, 10th, 11th, 12thThe Federal Reserve System uses monetary tools to regulate the nation’s money supply and moderate the effects of expansion and contraction in the economy
• AMG.9-12.21.aGrades 9th, 10th, 11th, 12thExplain the purpose of the Federal Reserve (e.g., who, what, where, and how it works; what it does).
• AMG.9-12.21.bGrades 9th, 10th, 11th, 12thIdentify the three main functions of the Federal Reserve.
• AMG.9-12.21.cGrades 9th, 10th, 11th, 12thMatch the Federal Reserve with its purpose.
• AMG.9-12.21.lp.aGrades 9th, 10th, 11th, 12thUnderstand that the Federal Reserve System makes decisions that impact the economy. For example, the Federal Reserve System sets the minimum amount of money banks must keep on hand. Raising or reducing the reserve requirement influences how much money is in circulation.
• AMG.9-12.21.lp.bGrades 9th, 10th, 11th, 12thUnderstand that the Federal Reserve System works to maintain economic stability. For instance, keeping prices from rising or falling too fast or making sure banks have enough money to pay their customers During the Great Depression many banks did not have enough money on hand.
• AMH.9-12.19.bGrades 9th, 10th, 11th, 12thDescribe life during the Great Depression.
• AMH.9-12.19.lp.aGrades 9th, 10th, 11th, 12thUnderstand that during the Great Depression the role of the federal government expanded in an effort to create jobs (e.g., government hired workers for construction projects) and regulate the economy (e.g., Federal Deposit Insurance Corporation FDIC).
• AMH.9-12.19.lp.cGrades 9th, 10th, 11th, 12thIdentify the Great Depression as an economic crisis resulting from the lack of regulation of the economy by the federal government.