YOU AND THE ECONOMY

DETAILS OF ZONE 6

Across the globe, the actions taken by governments, central banks and commercial financial institutions ultimately affect all of us. And although technology and trade have connected the world’s economies more closely than ever before, standards of living continue to vary from one nation to the next. Discover how major decisions about the economy ultimately affect you, and how your life would differ if you lived in another place or during an earlier time.

Topics covered in this zone: structure and function of the Fed, what is a Bank, the Fed in times of crisis, a history of the Fed chair, monetary policy, unemployment, 100 years of Fed history, GDP, standards of living and the FRED database.