Moeny

What is the definition of barter?

• to visit another country with friends

• to change clothes and buy new ones

• to exchange resources or services for mutual advantage

• to buy an elephant and an orange

What materials were used to make the first metal coins?

• aluminium, gold and rock

• broze, gold or silver

• broze, gold and rock

• iron, spiderman and gold

What is likely to happen to money in the future?

• Physical currency will disappear and we will use digital cash.

• physical currency will disappear and we will use cowrie shells.

• Physical currency will stay the same and the internet will disappear.

Which was the first country to make paper money?

• USA

• Canada

• Germany

• China

What is money?

When we usually use money?

Mention and explain 6 properties of money!

Mention 5 countries and its currencies that you know!

Rania is in the supermarket. Her mom asks her to buy some stuffs. She sees the price label of the stuffs to compare the price. All the price is written in the term of Rupiah. For example for a bag of bread it costs Rp 18.000,00 but the other brand cost Rp 20.000,00

From the story above, we know that the function of money is ...

• As a medium of exchange

• As a valid payment device

• As a store of value

• As unit of account

Why Barter System Fail?