The Evolution of Money Quiz

What is bartering?

• Selling goods for a profit

• Exchanging one item for another without using money

• Buying goods at a discount

What did the Chinese create as the first form of money?

• Paper money

• Gold coins

• Circular coins

• Silver bars

What are goods?

• Services provided by people

• Money used for transactions

• Things to buy or sell

• Natural resources

What is a service?

• A type of currency

• A type of good

• Something a person does for another person

How long have people been using money?

• 3000 years

• 2000 years

• 1000 years

• 4000 years

What did people use before money was invented?

• Checks

• Bartering

• Cryptocurrency

• Credit cards

What did the Chinese create as the first form of money?

• Silver bars

• Paper money

• Gold coins

• Circular coins

What did the invention of paper lead to?

• The development of cryptocurrency

• The use of bartering

• The appearance of paper money

• The creation of credit cards

Which government prints their own money?

Evaluate responses using AI:

OFF

Which countries use the U.S. dollar?

Evaluate responses using AI:

OFF