A
B
100

What do people need to buy things?

Money

100

What is one thing that people could always trade in the past?

animals

200

Why did people gather berries and hunt animals long ago?

It was how they got food. They did not have money to buy things.

200

How did King Midas get the ability to change anything into gold?

He helped someone/did a good deed for a friend, and they granted him a wish.

300

Name 3 things that were used as money in the past.

Beads made from shells, Animals, Feathers, Metal, Salt, Fishhooks, Animal skins

300

Why was metal good to use as money?

Bronze and copper were valuable. 

Metal could be cut into small pieces that were easy to carry around.

It was easy to find the value of the metal, just from weighing it.

400

Why doesn't bartering always work?

Things do not have equal value

400

What happened at dinner in the story of King Midas?

King Midas turned everything into gold, including his daughter. Then the king begged to undo his wish.

500

How would people live in a world without money?

They would need to hunt and gather or trade for what they needed.

500

What did King Midas learn about "worth"?

King Midas learned that people/family are worth more than gold/money.