Classroom Lesson: The First Bank of the United States: A Chapter in the History of Central Banking
Permission is granted to reprint or photocopy this lesson in its entirety for educational purposes, provided the user credits the Federal Reserve Bank of Philadelphia
This lesson aligns with National Standards in Economics: Standard 10, Role of Economic Institutions (Benchmark 1, Grade 4; and Benchmark 1, Grade 8) and Standard 11, Role of Money (Benchmark 1 and 2, Grade 12)
This lesson aligns with National Council for the Social Studies Strands time, continuity, and change; power, authority, and governance; and production, distribution, and consumption
This lesson aligns with National Standards for History: Era 2, Colonization and Settlement (Standard 3, Grades 9-12); Era 3, Revolution and the New Nation (Standard 2 and 3, Grades 9-12); and Historical Thinking Standards (Standard 2 and 3, Grades 5-12)
- The accompanying booklet "The First Bank of the United States"
- "Hamilton's National Bank," a classroom lesson for grades 8-12 covering the role of banks and the creation of the First Bank of the United States
- Alexander Hamilton, "Report on a National Bank," December 13, 1790, printed with other Hamilton reports
Federal Reserve Bank of Philadelphia
Limited Use. See note.