What was a primary reason for the development of a common medium of exchange in early human societies?
¿Quién inventó el dinero?

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10th - 12th Grade
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To create a system of taxation
To establish a form of entertainment
To facilitate trade between groups with different needs
To increase the value of natural resources
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following was NOT used as a form of money in ancient cultures?
Cocoa beans
Colored shells
Salt
Paper
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What innovation did the Chinese introduce to make carrying money more convenient?
Banking systems
Paper money
Digital currency
Metal coins with holes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant problem with each bank printing its own notes in Europe?
Notes were too expensive to produce
Banks refused to accept each other's notes
Notes were easily counterfeited
Notes were too large to carry
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the role of the first Central Bank established in Amsterdam?
To provide loans to the public
To store gold reserves
To regulate the value of money
To print money for all banks
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
After World War II, what currency did most of the world's currencies rely on?
The Euro
The British Pound
Gold
The US Dollar
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary basis for the value of fiat money?
The size of the economy
The faith and trust of people
The amount of gold in reserve
The number of notes printed
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