History of Money

_____________________ was the first Cyrpto currency, started in 2009.

• Bit Coin

• Doge Coin

• Eleryrium

• Triciptium

Debit cards were invented in ________.

• 1966

• 1956

• 1976

• 1965

Credit cards were invented in the __________.

• 1950's

• 1960's

• 1940's

• 1970's

Everyone has to agree that fiat money has value

• True

• false

The correct order of the history of money goes;

• livestock, bartering, common item currency, coins, representative paper money, fiat paper money

• bartering, coins, representative paper money, livestock, fiat paper money, common item currency

• Fiat paper money, representative paper money, coins, common item currency, bartering, livestock

• coins, livestock, fiat paper money, bartering, common item currency, repetitive paper money

Fiat money's value was tied to the __________________.

• Government that created it

• precious metals

• bartering

• coins

Representative money was backed by ___________.

• precious metals

• belief

• hard work

• agreement

Most European nations used coins until the ___________ century.

• 16th

• 15th

• 14th

• 17th

The first paper money was used by __________, starting in 700 B.C.

• China

• India

• Eygpt

• Greece

coins were easy to

• lose

• transport

• hide

• forget