Wheat & Honey
The act of trading good for good of equal value so that both parties benefit.
What is bartering?
Convert this fraction into a decimal: 25/100
What is 0.25? (twenty-five hundreths)
The study and history of bartering and money.
What is business math?
This characteristic means that people can pay with a large bill and get change back.
What is easily divided to make change?
What is $25?
What is 60/3 or 20?
A card that is used today when people want to spend money directly from their bank account.
What is a debit card?
This characteristic of money allows people to not have to have heavy gold bars, or chickens in their pockets.
What is portable, easy to carry?
Of means...
What is mulitply?
The first people to store their money in a safe place for other people to keep track of.
Who are the Templar Knights?
A type of money created by each country in itemized amounts, both paper and change.
What is cash?
This characteristic of money means that you could have money in your pocket or wallet that your great grandparents used, back in the 1950's.
What is durable, able to last a long time?
1. It benefits people
2. Willingness to buy it
What give something value?
The place where the knights stored their gold/money?
What are castles?
What is a credit card?
This characteristic of money determines that people are going to allow you to buy something with it.
What is accepted as a form of currency?
When Marleigh sent Holden back for a second bushel of wheat to trade for her honey, she wanted a ______________ trade?
What is a fair trade?
The item that was given as proof that the money that belonged a certain knight was stored in a certain castle.
What is a paper receipt?
A place that takes and stores your money for you so you don't have to keep your cash under your mattress.
What is a modern bank?
This characteristic of money means that it is rare enough to be valuable.
What is scare, rare enough to be valuable?