Benefits
How did paper money affect the growth of trade within China and on the Silk Road?
It was now that money could be more easily moved that more people could trade
Not including weight, what was another purpose for the invention of paper money?
People could stash more money into the bags, then they could fit coins. So the shape and material were more flexible and easier to possess.
Will you vote for us?
YES!
What is the biggest city in China by size?
Chongqing - 82,403 square kilometers
The government needed a lot of copper to make all the coins for a growing economy. How did switching to paper money solve this problem of metal scarcity?
Because paper could be gotten from trees instead of using copper.
What shape is paper money?
A rectangle
What is our goal for paper money?
Our goal is to make paper money the standard currency of the world.
What is the biggest city in China by population?
Chongqing - 32 million
Early paper notes were sometimes called "flying money." What does this nickname tell you about the benefit of using it?
Money was so much lighter and easier to move; people thought of it as flying because of its weight.
What are the numbers on paper money?
The numbers normally range from 1 to 100,000.
What is the advantage we are gaining from selling paper money to governments?
Governments will improve it and help its popularity spread and grow.
What is the biggest dessert in China?
The Taklimakan Desert - (130,000 square miles)
What are the problems with the weight of coins?
For high-value purchasing, it was inconvenient because only 100 coins would weigh many pounds, which made it difficult to move.
How does the paper get approved to become paper money?
The government stamps and issues the paper, approving it to become paper money.
How is investing in our creation, "paper money," a good idea?
The best way to make money is by buying money.
What is the biggest river in China?
Yangtze River - (3,9153 miles)
What is the main benefit of paper money?
It manages wealth growth more conveniently.
Why is paper money better than coins?
Paper Money is much lighter and takes up less room
Who are we planning to sell our invention to?
Governments around the world
Name three of the major geographic features of China (ex., mountains, rivers, etc).