{"id":83,"date":"2015-04-20T18:17:10","date_gmt":"2015-04-20T18:17:10","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterybusiness1xngcxmaster\/?post_type=part&p=83"},"modified":"2020-08-20T02:25:48","modified_gmt":"2020-08-20T02:25:48","slug":"financial-markets-and-system","status":"publish","type":"part","link":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/part\/financial-markets-and-system\/","title":{"raw":"Chapter 4: Financial Markets and System","rendered":"Chapter 4: Financial Markets and System"},"content":{"raw":"
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Module: Financial Markets and System<\/h1>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n
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Why It Matters: Financial Markets and System<\/div>\r\n
\r\n\r\nWhy do the Financial Markets and System matter?\r\n\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n
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Show What You Know<\/div>\r\n
\r\n\r\nTake this pre-test to see what you already know about the concepts in this section. The pre-test does not count toward your grade, but will help you plan where to focus your time and effort as you study. The pre-test is optional.\r\n\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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Money<\/div>\r\n
\r\n\r\nExplain the types, characteristics and functions of money\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n\r\n
Reading: The Functions of Money<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Video: What Is Money?<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Money<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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Federal Reserve System<\/div>\r\n
\r\n\r\nDescribe the purpose of the Federal Reserve System and its role in controlling the money supply and influencing interest rates\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n\r\n
Reading: The Federal Reserve System<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Simulation: Chair the Fed<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Federal Reserve System<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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Financial Institutions<\/div>\r\n
\r\n\r\nDescribe the differences between the types of financial institutions including banks, credit unions, finance companies, and securities markets\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n
Reading: Financial Institutions<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Financial Institutions<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n<\/div>\r\n
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Technology and Money<\/div>\r\n
\r\n\r\nExplain how technology is affecting the traditional monetary system and the definition of \"money\"\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n\r\n\r\n
Reading: Electronic Alternatives to Raw Cash: The Advent of Cashless Society<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Reading: Bitcoin and Virtual Currencies<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Reading: Mobile Commerce and Mobile Payment Systems<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Technology and Money<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\r\n\r\n\"icon\"\r\n\r\nfocus\r\n\r\n<\/div>\r\n<\/div>\r\n
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Securities Exchanges<\/div>\r\n
\r\n\r\nIdentify the securities exchanges (NYSE, OTC, NASDAQ) and the types of transactions that occur at each exchange\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n
Reading: Investments and Markets: A Brief Overview<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Securities Exchanges<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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Risks and Rewards<\/div>\r\n
\r\n\r\nIdentify the potential risks and rewards to businesses and individuals associated with the issuance, purchase and sale of securities\r\n\r\n<\/div>\r\n\r\n\r\n\r\n\r\n\r\n
Reading: Measuring Return<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Reading: Measuring Risk<\/td>\r\n<\/td>\r\n<\/tr>\r\n
Self-Check: Risks and Rewards<\/td>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n
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Putting It Together: Financial Markets and System<\/div>\r\n
\r\n\r\nFinancial Markets and System\r\n\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n
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\"icon\"<\/div>\r\n
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Quiz<\/div>\r\n
\r\n\r\nYou can take this quiz twice. Your highest score will count as your grade. Don't wait until the last minute to take the quiz - take the quiz early so you'll have plenty of time to study and improve your grade on your second attempt.\r\n\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>","rendered":"
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Module: Financial Markets and System<\/h1>\n<\/div>\n<\/div>\n<\/div>\n
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\"icon\"<\/div>\n
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Why It Matters: Financial Markets and System<\/div>\n
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Why do the Financial Markets and System matter?<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\"icon\"<\/div>\n
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Show What You Know<\/div>\n
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Take this pre-test to see what you already know about the concepts in this section. The pre-test does not count toward your grade, but will help you plan where to focus your time and effort as you study. The pre-test is optional.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\"icon\"<\/p>\n

focus<\/p>\n<\/div>\n<\/div>\n

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Money<\/div>\n
\n

Explain the types, characteristics and functions of money<\/p>\n<\/div>\n\n\n\n\n\n
Reading: The Functions of Money<\/td>\n<\/td>\n<\/tr>\n
Video: What Is Money?<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Money<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\n
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\n

\"icon\"<\/p>\n

focus<\/p>\n<\/div>\n<\/div>\n

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Federal Reserve System<\/div>\n
\n

Describe the purpose of the Federal Reserve System and its role in controlling the money supply and influencing interest rates<\/p>\n<\/div>\n\n\n\n\n\n
Reading: The Federal Reserve System<\/td>\n<\/td>\n<\/tr>\n
Simulation: Chair the Fed<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Federal Reserve System<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\n
\n
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\n

\"icon\"<\/p>\n

focus<\/p>\n<\/div>\n<\/div>\n

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Financial Institutions<\/div>\n
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Describe the differences between the types of financial institutions including banks, credit unions, finance companies, and securities markets<\/p>\n<\/div>\n\n\n\n\n
Reading: Financial Institutions<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Financial Institutions<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\n
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\n
\"icon\"<\/div>\n<\/div>\n
\n
Technology and Money<\/div>\n
\n

Explain how technology is affecting the traditional monetary system and the definition of “money”<\/p>\n<\/div>\n\n\n\n\n\n\n
Reading: Electronic Alternatives to Raw Cash: The Advent of Cashless Society<\/td>\n<\/td>\n<\/tr>\n
Reading: Bitcoin and Virtual Currencies<\/td>\n<\/td>\n<\/tr>\n
Reading: Mobile Commerce and Mobile Payment Systems<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Technology and Money<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\n
\n
\n
\n

\"icon\"<\/p>\n

focus<\/p>\n<\/div>\n<\/div>\n

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Securities Exchanges<\/div>\n
\n

Identify the securities exchanges (NYSE, OTC, NASDAQ) and the types of transactions that occur at each exchange<\/p>\n<\/div>\n\n\n\n\n
Reading: Investments and Markets: A Brief Overview<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Securities Exchanges<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\"icon\"<\/p>\n

focus<\/p>\n<\/div>\n<\/div>\n

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Risks and Rewards<\/div>\n
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Identify the potential risks and rewards to businesses and individuals associated with the issuance, purchase and sale of securities<\/p>\n<\/div>\n\n\n\n\n\n
Reading: Measuring Return<\/td>\n<\/td>\n<\/tr>\n
Reading: Measuring Risk<\/td>\n<\/td>\n<\/tr>\n
Self-Check: Risks and Rewards<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\"icon\"<\/div>\n
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Putting It Together: Financial Markets and System<\/div>\n
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Financial Markets and System<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\"icon\"<\/div>\n
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Quiz<\/div>\n
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You can take this quiz twice. Your highest score will count as your grade. Don’t wait until the last minute to take the quiz – take the quiz early so you’ll have plenty of time to study and improve your grade on your second attempt.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"parent":0,"menu_order":40,"template":"","meta":{"pb_part_invisible":false,"pb_part_invisible_string":""},"contributor":[],"license":[],"class_list":["post-83","part","type-part","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/parts\/83","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/parts"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/types\/part"}],"version-history":[{"count":1,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/parts\/83\/revisions"}],"predecessor-version":[{"id":5953,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/pressbooks\/v2\/parts\/83\/revisions\/5953"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/media?parent=83"}],"wp:term":[{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/contributor?post=83"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/clinton-introbusinesswmopen\/wp-json\/wp\/v2\/license?post=83"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}