Accounting: Understanding the Financial Banking Crisis of 2023--Causes, Impacts, and Lessons

Objective:

• Understand the causes of the 2023 bank failures.
• Identify the impacts of the crisis on individuals, society, and the economy.
• Discuss the lessons learned from the crisis to prevent future financial disasters.

Age Level: Early/late secondary school

National Standards: Complies with NBEA 2023 Standard: Recognize what is causing the banking crisis of 2023.

Materials:

• Whiteboard and markers
• Laptops or tablets with internet access
• Handout on bank failures
• Case study on a specific bank failure from 2023
• Large sheets of paper or poster boards
• Colored markers or pens