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