Chapter 1 Money moves around lesson 5

• Economie
• Middelbare school
• havo
• Leerjaar 3

What are we going to do today?

• Learning goals
• History of money
• 1.3 Do you need money to exchange?
• Work on assignment 30 up to and including assignment 35
• How it's made "Money"
• Value of money
• Work on the assignment up to and including assignment 41
  

Learning goals

• You can explain the history and functions of money.
• You can reproduce the criteria to which a money system must comply.
• You can differentiate between the values of money.
• You can explain the concept of inflation and calculate a percentage change.
  

What did people trade with in the old days?

Technical requirements

A medium of exchange must be:

• portable
• divisable
• non-perishable
• hard to produce
  

Use the next 15 minutes to work on assignment 30 up to and including assignment 35.

Finished? Continue on page 20 or have a look at the revision, in depth or maths assignment at the end of the chapter.

Continue working on the assignments up to and including assignment 40.

Remember our learning goals?

• You can explain the history and functions of money. 
• You can reproduce the criteria to which a money system    must comply. 
• You can differentiate between the values of money. 
• You can explain the concept of inflation and calculate a percentage change.