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Money and Banking

v2.0 Robert E. Wright

Chapter 1 Money, Banking, and Your World

Chapter Objectives

By the end of this chapter, students should be able to:

  1. Describe how ignorance of the principles of money and banking has injured the lives of everyday people.

  2. Describe how understanding the principles of money and banking has enhanced the lives of everyday people.

  3. Explain how bankers can simultaneously be entrepreneurs and lend to entrepreneurs.