Jekyll Island and the Creation of the Fed

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

image of jekyll island fed