Understanding Currency

Activity 1: The Policy of Personal Choice

Understanding economic conditions empowers students to make smart financial choices regardless of the economic circumstances they face in their lifetimes. Because financial decision-making rarely happens in isolation, and is instead a combination of economic forces and personal choices, understanding the broad contexts of the economy is a critical component of building a well-rounded financial perspective. This lesson explores monetary and fiscal policy and why it is important to pay attention to economic conditions. (from FDIC Money Smart program)