Name: _________________________________________ Date: _________________ Block: ________
Civics & Economics: Financial Institutions (CE.12c) &
Impact of Taxation (CE.13c)
● Essential Understandings:
○ Private financial institutions act as intermediaries between
____________________________ and ____________________________ that
include households and business investors.
○ The government ____________________________,
____________________________, and ____________________________ to
influence economic activity.
● Essential Questions:
○ How do financial institutions make the deposits of savers available to borrowers?
○ How does the government influence economic activity?
● Essential Knowledge:
○ Private financial institutions
■ Include ____________________________, savings and loans, and
____________________________
■ Receive ______________________ and make ______________________
■ Encourage saving and investing by paying
____________________________ on deposits
○ Government tax increases ____________________________ the funds available
for individual and business spending.
○ Increased government borrowing ____________________________ funds
available for borrowing by individuals and businesses; decreased government
borrowing ____________________________ funds available for borrowing by
individuals and businesses.
○ Increased government spending increases ____________________________,
which may increase employment and production; decreased government spending
reduces demand, which may result in a ____________________________ of the
economy.
○ Increased government spending may result in high
____________________________ ; decreased government spending may results
in ____________________________ taxes.
○ The ____________________________ to the Constitution of the United States of
America authorizes Congress to tax personal and business incomes.