History of Money

History of Money

13 Qs

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History of Money

History of Money

Assessment

Quiz

Other

Practice Problem

Hard

Created by

Shonree Becker

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13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____________________ was the first Cyrpto currency, started in 2009.

Bit Coin

Doge Coin

Eleryrium

Triciptium

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Debit cards were invented in ________.

1966

1956

1976

1965

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit cards were invented in the __________.

1950's

1960's

1940's

1970's

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Everyone has to agree that fiat money has value

True

false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fiat money's value was tied to the __________________.

Government that created it

precious metals

bartering

coins

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Representative money was backed by ___________.

precious metals

belief

hard work

agreement

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