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An egg falls from a bird's nest in a tree and feels no effects due to the air.As it falls,
Demand Deposits
Bank accounts that allow the holder to withdraw funds without advance notice, often used for day-to-day expenses.
Federal Reserve Bank
One of the 12 regional banks of the Federal Reserve System, each serving a specific geographic area of the United States, involved in banking and monetary policy.
First Bankers
Early financial intermediaries who accepted deposits, facilitated loans, and created ways to transfer wealth across great distances.
Goldsmiths
Historically, skilled artisans who made objects out of gold, but in economic context, also referred to as early bankers who issued loans and held deposits.
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