Today’s edition of CNN Student News features a good segment about Fargo, North Dakota. It seems that Fargo isn’t feeling the effects of recession at all. This is due in large part to conservative lending and borrowing practices among the banks and consumers of North Dakota. The segment appears about half way through the video embedded below.
Applications for Education
The segment about North Dakota’s bankers’ conservative lending and borrowing practices provides a nice introduction to lesson about the importance of thoughtful money management.