Vocabulary 03: Money & Exchange
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Other
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10th Grade
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Practice Problem
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Medium
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Jennifer Smith
Used 3+ times
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13 questions
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1.
FLASHCARD QUESTION
Front
barter
Back
The exchange of good and services without the use of money
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
2.
FLASHCARD QUESTION
Front
commodity money
Back
Any item that is widely used and carries an inherent worth to most people and can easily be exchanged for goods and services
3.
FLASHCARD QUESTION
Front
flat money
Back
Money that is not backed by reserves of another commodity; governments create flat money by decree of the money's worth
4.
FLASHCARD QUESTION
Front
money
Back
A commodity or asset, such as gold, an officially issued currency, a coin or paper note, that can be legally exchanged for something equivalent, such as goods or services
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
5.
FLASHCARD QUESTION
Front
representative money
Back
Money that represents a commodity in holding (for example, a grain warehouse receipt)
6.
FLASHCARD QUESTION
Front
wampum
Back
Beads of shells strung in strands and used by American Indians as money
Tags
CCSS.L.5.4B
CCSS.L.6.1E
7.
FLASHCARD QUESTION
Front
durable
Back
A requirement for money: ability to last a long time
Tags
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
CCSS.RI.9-10.4
CCSS.RI.9-10.4
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