What are the different types of money?

Understanding Money Basics

Quiz
•
Others
•
4th Grade
•
Hard
Fitriani Fitriani
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Barter System
Commodity Money, Fiat Money, Representative Money, Digital Currency, Local Currencies
Gold Standard
Credit Cards
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one function of money?
Store of value
Unit of account
Means of production
Medium of exchange
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can you name a historical form of money?
Gold coins
Cowry shells
Paper currency
Digital currency
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a good way to save money?
Spend all your money on luxury items.
Ignore your expenses and hope for the best.
Invest in high-risk stocks without research.
Create a budget and prioritize saving.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does currency exchange mean?
Currency exchange is the process of saving money.
Currency exchange refers to the act of investing in stocks.
Currency exchange is the method of printing new money.
Currency exchange is the process of converting one currency into another.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of coins in our economy?
Coins are obsolete and have no role in modern economies.
Coins play a crucial role as a medium of exchange, store of value, and unit of account in the economy.
Coins are only valuable in specific countries.
Coins are primarily used for decorative purposes.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has money changed over time?
Money is only used for buying and selling goods.
Money has always been in the form of gold and silver.
Money has changed from barter to commodity money, fiat currency, and now digital currencies.
Money has never changed and remains the same.
Create a free account and access millions of resources
Similar Resources on Quizizz
11 questions
Project 2: Going to

Quiz
•
1st - 5th Grade
10 questions
Pramuka Asik

Quiz
•
1st - 5th Grade
12 questions
Castle Crashers Remastered

Quiz
•
4th Grade
11 questions
materi pancasila kelas 4

Quiz
•
4th Grade
7 questions
marketing digital

Quiz
•
1st - 5th Grade
12 questions
Computer Devices Quiz

Quiz
•
4th Grade
10 questions
Cash Cows Lesson 13

Quiz
•
1st - 5th Grade
15 questions
Test Your Free Fire Knowledge

Quiz
•
4th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
20 questions
Math Review - Grade 6

Quiz
•
6th Grade
20 questions
math review

Quiz
•
4th Grade
5 questions
capitalization in sentences

Quiz
•
5th - 8th Grade
10 questions
Juneteenth History and Significance

Interactive video
•
5th - 8th Grade
15 questions
Adding and Subtracting Fractions

Quiz
•
5th Grade
10 questions
R2H Day One Internship Expectation Review Guidelines

Quiz
•
Professional Development
12 questions
Dividing Fractions

Quiz
•
6th Grade
Discover more resources for Others
15 questions
Multiplication Facts

Quiz
•
4th Grade
20 questions
math review

Quiz
•
4th Grade
20 questions
Parts of Speech

Quiz
•
3rd - 6th Grade
20 questions
Fun Trivia

Quiz
•
2nd - 4th Grade
20 questions
Basic multiplication facts

Quiz
•
4th Grade
26 questions
June 19th

Quiz
•
4th - 9th Grade
20 questions
Math Review

Quiz
•
4th Grade
12 questions
Story Elements

Quiz
•
4th Grade