Step 1: Research

While the Federal Reserve System fulfills valuable services in the U.S. economy, it is not without controversy. Use research to identify and explain arguments for and against the purpose and scope of the Federal Reserve System. Then, you will use evidence to make your own argument in support or opposition to the system.

Compose a few research questions using these two statements as prompts:

1. The Federal Reserve serves a positive role in the U.S. economy.
2. The Federal Reserve serves a negative role in the U.S. economy.

Research credible sources you can use to provide facts to support each claim. Be sure to note your sources for submitting with your assignment.

Step 2: Write

Once you have gathered your research, you will write three complete paragraphs.

• Paragraph 1 - Make a claim about the positive role the Federal Reserve serves in the U.S. economy. Use evidence from your research to support your claim.
• Paragraph 2 - Make a claim about the negative role the Federal Reserve serves in the U.S. economy. Use evidence from your research to support your claim.
• Paragraph 3 - Choose a side. Based on the evidence, which perspective do you agree with more? Make a paragraph to identify your position. Use evidence to explain your choice.