T2 SquireHow Money Is Made
Banks Create Money
When a bank makes a loan, it writes new money into existence — it does not hand over someone else's cash.
- Reward
- $2
- Experience
- 20
- Stat
- mind +2
Explain in your own words
Explain how a bank lending $900 out of a $1,000 deposit makes the money supply bigger.
How you get paid: Do the work, press “Turn it in”, then a grown-up approves it at the Parent Desk. Approving records $2 and 20 XP for Harper. Parent Desk