Show:
History
Coins
Features of Money
Notes
Misc
100
Overtime ______________________ became more difficult to due.
bartering
100
What does the letter "P" on a coin represent?
Philadelphia (mintmark)
100
Name two security features to prevent fake money.
color-shifting ink, watermark, security thread, microprinting, fine-line printing patterns
100
Another name for the legal tender of the US is ______________________.
Federal Reserve Notes (notes)
100
What material is paper money made from?
cotton/recycled blue jeans
200
The first forms of currency were _______________, _______________, and ______________.
Salt, Shells, Cattle
200
The _____________ is in charge of production and distribution of coins.
US Mint
200
The __________________________helps investigate the fraudulent creation of money.
Secret Service
200
In 1862, Congress authorized the __________________________________ to design, engrave, and print the official money of the US
Bureau of Engraving and Printing
200
Print is to notes as a ____________ is to coins
mint
300
_________________ was the first colony to use coins and money.
Massachusetts
300
Name all the denominations of coins.
Penny Nickel Dime Quarter Half Dollar Dollar
300
________________________ is making fake money.
Counterfeiting
300
What are the denominations of notes?
$1 $2 $5 $20 $50 $100
300
Paper money or coins need to be backed by ________/________ in order for them to have actual value.
gold/silver
400
_________________ were issued during the Civil War to pay debts.
Greenbacks
400
What is the front of a coin called?
Obverse
400
List the three functions of money.
1) medium of exchange 2) unit of accounting 3) store a value
400
Which security feature is a portrait that can only be seen under the light.
Watermark
400
Coins marked with a "D" represent the Denver ___________________.
mint mark
500
In 1913, Congress passed the _________________________________ to control the money supply.
Federal Reserve Act
500
What are coins currently made out of today?
Today they are copper, nickel, and alloy (mixture of metals).
500
Which characteristic of money is easily divided into smaller parts?
Divisible
500
Which country invented paper money?
China
500
How many regional banks are there in the Federal Reserve?
12