In this lesson, students will learn about the early history of the Federal Reserve. They will learn about Jekyll Island's past and about the Panic of 1907, the Aldrich-Vreeland Act, the origins and outcomes of the secret Jekyll Island meeting, and the passage of the Federal Reserve Act.
Grade Level
9–12, College
Concepts:
- The Aldrich Plan
- The Aldrich-Vreeland Act
- The Federal Reserve Act
- The Panic of 1907
Time required
90 minutes