Topic 1.2 Keep the money rolling in - 2

• Economie
• Middelbare school
• havo
• Leerjaar 2

Topic 1

Keep the money rolling in - 1

Agenda

• Discuss the homework
• Explanation Topic 1.2
• Get to work!

Discuss the Homework

Topic 1.1 Keep the money rolling in  - 1

Learning Goals

What is the European Central Bank
? And what are its tasks?

What is de Nederlansche Bank
? And what are its tasks?

How can we recognise money through the ages
?

The European Central Bank

The one in charge of the Euro 

ECB wants the Euro to be a good currency: pay safley and the value must remain the same

De Nederlansche Bank

The National Bank of the Netherlands is the central bank in our country ->

Bank of the banks

Three tasks: 

1. Taking care of euro banknotes

2. Supervising

3. Price stability

When can something be used as money?

1.  Need to be rare
2. Last a long time
3. Easy to count
4. Easy to carry

Banknotes

Banknotes of the Euro look the same in all countries

Printed > De Nederlandsche Bank > Commercial Banks > Consumers > Stores > Commercial Banks

For the safety every banknote has a number of features in all banknotes

Interest

Interest is the price for borrowing or lending money

  

As a reward for lending money, we receive interest

We pay interest as compensation for borrowing money

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What are the five characteristics of money?

How many banknotes are there?

There are 7 banknotes in the European Union

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