• Verb: Made something for the first time
• Verb: Thought up and created something new
Which of the following words is defined above?
a. dreamed
b. invented
c. imagined
b. invented
What does the word prices mean?
a. costs
b. deposits
c. loans
a. costs
Something written down and kept about what a person or group has done
a. cartoon
b. record
c. rhythm
b. record
Which word BEST completes this sentence?
Our country’s banking _________ will be improved soon.
a. lines
b. system
c. tellers
b. system
What does value mean?
a. a kind of bank account
b. what something is worth
c. money that is exchanged
b. what something is worth
What does worth mean?
a. overpriced
b. free of charge
c. equal in value to
c. equal in value to
Which of the following words means coins and bills that people use to buy things?
a. checks
b. jewels
c. money
c. money
What does purchase mean?
a. buy
b. choose
c. lend
a. buy
What did people do to get what they needed BEFORE there was money?
a. They gathered and hunted.
b They took other people’s things.
c They used only plants for food and clothing.
c They used only plants for food and clothing.
Which of the following is an example of bartering?
a paying with rocks for a toy
b paying with feathers for a toy
c trading one toy for another toy
c trading one toy for another toy
All of the following are animals that people valued long ago EXCEPT
a. camels
b. cows
c. elephants
c. elephants
Why were bronze and copper used to make money long ago?
a. They could be cut into small pieces.
b. Everyone had access to bronze and copper.
c. There was a lot of bronze and copper available.
a. They could be cut into small pieces.
What happens to the value of a dollar when prices go up?
a. the value goes up
b. the value doubles
c. the value goes down
c. the value goes down