The history of money - unit 3

The history of money -page 85

unit 3

By אורלי ליברמן

​How much do you know about the history of money? Which of the following sentencesdo you think are true?

Subject | Subject

Some text here about the topic of discussion

Poll

1. In the past people traded something they owned for something they needed.

• True

• False

Poll

2. Seashells were the most unusual form of money.

• True

• False

Poll

3. Coins have always been the most popular form of money in history.

• True

• False

Poll

4. The Native Americans used beads as money.

• True

• False

Poll

5. One day digital money will replace paper money.

• True

• False

A timeline shows a sequence of events in a visual form. Timelines use visual clues such as pictures, captions, labels and dates.

​

Look at the timeline on page 85. What visual clues can you see?

Look at the pictures and the dates.

​

1. Name two different objects that were used as money.

2. When were seashells used as money?

3. When were the first coins invented?

4. When did people begin using paper money?

Subject | Subject

Some text here about the topic of discussion

Unseen Questions - page 85

​Some text here about the topic of discussion.

Open Ended

1. Complete the sentence. (lines 1-3)

The word “barter” means …

Open Ended

2. List THREE kinds of money that the Chinese invented. (lines 4-16)

Open Ended

3. What did the Chinese do with their coins? (lines 8-10)

Open Ended

4. How were the first European coins different from the Chinese coins? (lines 8-14)

Multiple Choice

5. a. Answer True or False. (lines 15-16)

The first Chinese banknotes were made out of paper

• True

• False

Open Ended

b. Copy the words that helped you answer

Open Ended

6. Why did the Chinese stop using paper money? (lines 17-20)

Open Ended

7. Why did the Native Americans call their money “wampum”? (lines 21-24)

Multiple Choice

8. Between 1950 and 1960, credit cards were used … . (lines 28-30)

• in the USA

• all over the world

• only in Israel

• in China

Multiple Choice

9. Which sentence is true about digital money? (lines 31-34)

• it can be coins or bills

• it is the same as a credit card

• it can only be used to pay in stors

• it will probably be used insted of paper money

Multiple Choice

10. What is the purpose of the timeline?

• to teach the history of coins

• to show how the idea of money developed

• to show that beads were valuable

• to show the history of credit cards