NEW
Font size
WorksheetsCTMC BOOTCAMP - CHAPTER ONE - Understanding Money
Total questions: 19
Worksheet time: 10mins
What is the currency of Nigeria?
Dollar ($)
Pound (£)
Euro (€)
Naira (₦)
What is digital money?
Digital money is a physical currency used in banks.
Digital money is like magic money stored inside a card, used for transactions via POS or ATM.
Digital money is a type of cryptocurrency that is not regulated.
Digital money is a form of barter system used in online trading.
What is the currency of South Korea?
South Korean Won (₩)
Yen (¥)
Dollar ($)
Euro (€)
What is money?
Money is a type of currency used to buy goods and services.
Money is a special kind of paper or coins that people use to get what they need.
Money is a digital form of currency that exists only online.
Money is a form of barter that involves trading goods directly.
What is the currency of the United Kingdom?
Dollars ($)
Euros (€)
Pounds (£)
Yen (¥)
What is trade by barter?
Exchanging goods or services directly without using money, like trading a toy for a dress.
Buying goods with money and selling them for a profit.
A method of trading that involves using digital currencies.
A system where goods are exchanged for other goods without any value assessment.
What is the currency of Brazil?
Brazilian Real (R$)
Argentine Peso (ARS)
Chilean Peso (CLP)
Colombian Peso (COP)
What is currency?
Currency is a form of digital payment used globally.
Currency is the type of money used in a particular country.
Currency refers to the value of goods and services.
Currency is a system of trade without money.
What is the currency of India?
Indian Rupee (₹)
Dollar ($)
Euro (€)
Pound (£)
What is the problem with using shells, beads, and rocks as money?
They were too colorful and easily lost.
They were heavy to carry around, leading to the development of paper and digital money.
They were not accepted by all cultures.
They had no intrinsic value.
What were some items used for trade before money?
Food items, shiny metals like gold or silver, pretty shells, beads, and rocks
Only shiny metals like gold or silver
Only food items and pretty shells
Only beads and rocks
What is the currency of Rwanda?
Rwandan Franc (RF or RWF)
Rwandan Dollar (RD)
Rwandan Shilling (RS)
Rwandan Euro (RE)
How long have people been using money?
For over 1,000 years
For over 2,000 years
For over 4,000 years
For over 5,000 years
Why were shiny objects used as money?
They were easy to find and abundant.
They were valuable because they could be used to buy lots of stuff and were rare.
They were the only items accepted in trade.
They were used for decoration and had no real value.
What is the currency of the USA?
Euros (€)
Pounds (£)
Yen (¥)
Dollars ($)
What is the currency of Jamaica?
Jamaican Dollar (J$)
US Dollar (USD)
Euro (EUR)
British Pound (GBP)
What is the currency of Türkiye?
Euro (€)
Turkish Lira (₺)
US Dollar ($)
British Pound (£)
What is the currency of Europe?
Dollars ($)
Pounds (£)
Yen (¥)
Euros (€)
What are the characteristics of money?
Money is abundant, fragile, and hard to carry.
Money is scarce, durable, and easy to carry.
Money is easily destroyed, heavy, and expensive.
Money is unlimited, lightweight, and complex.
