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History Of Money
Characteristics Of Money
Positive & Negatives Of Different Ways Of Money
Functions Of Money
Misc.
100
Trades goods but not for money.
What is Bartering
100
Can be divided into smaller units.
What is divisibility
100
pos: non-involvement of money Neg: very time consuming
What is bartering
100
money is the common standard for measurement of how much something is worth
What is standard of value.
100
medium of exchange in the form of coins and banknotes collectively
What is money
200
Government pays debts but in a simple way?
What is Fiat money
200
Has years of value
What is durable
200
Pos: keeps you in your budget Neg: disputed charges can difficult to reslove
What is Debit
200
Holds value overtime
What is store of value
200
privately owned banks
What is National bank
300
Another name for Wampum
What is early money
300
Nations with the same money
What is uniform
300
pos: PAD-DUL neg: tempted to waste it more frequently
What is currency
300
Willing to accept things in exchange for good service.
What is Medium of exchange
300
Lend to other banks in time of need
What is central bank
400
Not physical money
What is representative money
400
you can use it anywhere and everywhere
What is portability
400
standard unit currency
What is monetary unit
400
nothing becomes worthless after time
What is limited supply
500
Items that value but are not used as currency.
What is commodity money
500
money you buy things with
What is acceptability
500
Pos: boost purchasing power Neg: late fees
What is credit
500
gold place on deposit
What is gold certificate
500
money form in of coins
What is specie