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WorksheetsHistory of Banks
Total questions: 15
Worksheet time: 8mins
When did the first banks appear?
1000 years ago
2000 years ago
3000 years ago
4000 years ago
Where did the first banks appear?
Babylon, India, and Suma
Rome, Greece, and Egypt
China, Japan, and Korea
England, France, and Germany
What did the first banks lend to people?
Money
Grain
Gold
Spices
How did the lenders become rich?
By giving away money for free
By receiving more than they lent
By investing in stocks
By winning the lottery
What did ancient banks also serve as?
Hospitals
Schools
Safe places to store money
Restaurants
During which period did Italy become the center of European trade?
Medieval period
Renaissance period
Industrial Revolution
Modern era
Why did merchants in Pisa have to exchange coins?
To make a profit
To confuse people
To simplify trade
To increase taxes
What is the main function of banks today?
To provide entertainment
To protect money
To sell products
To control the government
What did banks mainly lend money for in the past?
Buying a car
Going on vacation
Buying a house
Starting a business
What is the extra money that borrowers have to pay back called?
Profit
Interest
Tax
Salary
Which bank is not South African?
HSBC
Capitec
Nedbank
FNB
What is the best investment according to the video?
Real estate
Stock market
Education
Cryptocurrency
How much money do the 10 biggest banks in the world have?
10 trillion dollars
15 trillion dollars
20 trillion dollars
25 trillion dollars
What could the 10 biggest banks in the world buy with their money?
Cars
Houses
Countries
Islands
What is the main message of the video?
Learning about economics is expensive
Banks are not important in society
Education is a valuable investment
Capitalism is unfair
