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Classroom Lesson: The First Bank of the United States: A Chapter in the History of Central Banking

Diversity is critical to the Federal Reserve, and we are firmly committed to fostering a diverse and inclusive culture throughout the Federal Reserve System. Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups. These viewpoints and attitudes are inconsistent with our values, but the original descriptions are retained to ensure that they are not erased from the historical record.
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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)

Federal Reserve Bank of Philadelphia

Limited Use. See note.