Signing Checks for the Signers: The Importance of Security in Banks
Bank robbers do not always need to wear masks; in fact, today they do not even need to step foot inside of a bank. Electronic forms of theft, especially identity theft, can cause some considerable problems in banking and affect the market itself. This is not a new challenge, and even America’s first bank needed to develop a system to prevent unauthorized withdraws, i.e. to confirm that money would be given to the intended parties. This lesson plan allows students to think critically about the issue of security, from its most primitive levels until today. This lesson plan includes connections between past and present; an interactive, primary-source based in-class activity; and reflections on the market as a whole.