All about money

What is one of the key functions of money?

• Storage Medium

• Medium of Exchange

• Unit of Work

• Barter System

What was the primary limitation of barter that led to the development of money?

• Lack of transportation

• Difficulty in finding common goods

• Double coincidence of wants

• Without standard measurement

Which of the following is an example of commodity money used by ancient societies?

• Paper

• Cattle

• Plastic

• Metal coins

Where did the first metal coins appear around 600 BCE?

• Grecia

• China

• Lidia

• Egipto

What was a significant innovation of Lydian coins?

• They were made of copper

• They had consistent weight and purity

• They were shaped like animals

• They could be melted to make tools

Which country first introduced paper money?

• Grecia

• India

• China

• Egipto

In which European century did banknotes first emerge?

• Siglo XV

• Siglo XVI

• Siglo XVII

• Siglo XVIII

How are modern coins typically made?

• From precious metals like gold

• From metal alloys

• From plastic

• From paper

What feature of modern banknotes helps prevent counterfeiting?

• Colorful designs

• Large size

• Watermarks and security threads

• Use of special ink

Which of the following is a form of digital money?

• Monedas de metal

• Billetes

• Bitcoin

• Oro