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The Evolution of Money

Authored by Raagheel Vally

Other

9th Grade

Used 16+ times

The Evolution of Money
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12 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

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Money is used to...

Spend

Share

Distribute

Save

Earn

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

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Bartering means...

To share

To exchange goods or render needed services

To exchange money

To offer a service for nothing in return

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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There are many _?_?__?__?_ money

Types

Degrees

Forms

Currency

4.

OPEN ENDED QUESTION

3 mins • Ungraded

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List the different forms of money used.

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Answer explanation

Bartering

Paper money

Coins

Electronic Money

Credit Card/Debit Card

Cryptocurrency

5.

OPEN ENDED QUESTION

3 mins • Ungraded

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Explain how money has evolved?

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Answer explanation

The evolution of money started from bartering and then went onto using coins, paper money, credit/debit cards, electronic money and lastly Cryptocurrency.

6.

OPEN ENDED QUESTION

3 mins • Ungraded

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Two advantages using a Credit Card?

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Answer explanation

1. Putting a hold on a rental car or hotel room.

2. Increased purchasing power.

7.

OPEN ENDED QUESTION

3 mins • Ungraded

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A disadvantage to using Cash?

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OFF

Answer explanation

That you may lose / misplace it!

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