FSV: Evolution of Exchange Assessment 2025

Front

Money needs to be ____________ so that it can be divided into smaller units.

Back

Divisible

Front

Money needs to be ____________ so that it can be easily transported.

Back

Portable

Front

Money needs to be ____________ which means people will take it in exchange. (note: spelling matters)

Back

Acceptable

Front

Money needs to be ____________ so that demand is greater than supply.

Back

Scarce

Front

Beads of shells strung in strands and used by Native Americans as money.

Back

Wampum

Front

Similar to a receipt, this type of money represents a commodity being held elsewhere, likely in a vault.

Back

Representative

Front

The exchange of goods and services without the use of money.

Back

Barter

Front

Money that is not backed by any reserves. It is money only because the government says so.

Back

Fiat

Front

Items that have a universal value and will be traded even if not needed.

Back

Commodity

Front

A digital currency operating independently of a central bank.

Back

Cryptocurrency