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3. Why might an individual want to use a bank? What are the costs to the person? What are the benefits? Give an example of why a person would use a bank. 

4. Why might a business want to use a bank? What are the costs to the business owner? What are the benefits? Give an example of why a business owner would use a bank.

A business might want to use a bank

5. What is the Federal Reserve? How does the Fed affect banking? 

6. The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses? 

How does banking affect the money supply? 

7. What would happen if banking didn’t exist? 

Complete the following diagram to give an example of how banking affects society. Use this diagram or your own version of it in your article. Use a specific, fun example. You may choose to use the diagram from your CAP File if you think that would be better.

I think that a individual would use a bank to save his/her money for certain reasons so also a person that would you use a bank or open a bank account could be either a nurse doctor and other person's in different profession so that their savings can be secured by a bag without them thinking otherwise

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