What ancient people used small clay pieces to keep track of financial deals?
The people of ancient Sumer (Sumerians)
What word describes the act of making fake money?
Counterfeiting
Which country has this bill?
A. Afghanistan
B. Jamaica
C. Abu Dhabi
D.Zimbabwe
What word describes the increase in cost of buying things?
Inflation
What did the ancient Chinese use to make payments?
Cowrie shells
The payment of money for services or goods is sometimes called this.
A transaction
How many cents are there in a dollar?
100
What do you call raw materials that are bought, sold or traded on world markets?
Commodities
About 2,700 years ago, the Lydians started to use what metal to make coins?
Gold
What do you call the result of blending of two or more metals together?
An alloy
Whose face is now on the 1,000yen bill?
Shibasaburo Kitasato
When two or more countries agree to import and export goods with no trade barriers.
Free trade
What Greek city introduced banks to trade foreign money?
Corinth
What does ATM stand for?
Automatic Teller Machine
This cryptocurrency started in 2009.
Bitcoin
This is a plan that helps a person, company or government calculate how much they will earn and spend over a period of time.
A budget
By the 1700s, the world shifted from using coins to what kind of money?
Paper money or banknotes
What do you call a secure place where valuable things like gold bars are stored?
A vault
What currency do people use in the UK?
The pound
This phrase describes the situation in Japan from 1986 to 1991 when prices rose very quickly and then crashed in 1992.
Bubble economy