Money & Banking Chapter 10 Section 1 Money. Money & Banking Objectives: Describe the three uses of money. Explain the six characteristics of money. Understand.
Money
{ Money Fun Facts Before the days of paper money, Americans traded animal skins, including deer and elk bucks, for goods and services. Hence the word "buck"
Standard and Essential Question Standard -SSEMI1 The student will describe how households, businesses, and governments are interdependent and interact.
CH 10 BANKING & MONEY!!!!! Mrs. Post Adapted from Prentice Hall Presentation Software.
Money What is money? What are the three uses of money? What are the six characteristics of money? What are the sources of money’s value?
MONEY & BANKING COINS = disks of precious metal - usually gold or silver (specie) tokensSince ‘65, U.S. doesn’t have any coins…now they are merely tokens.
MONEY & BANKING
Money Dollar, Dollar Bills…Ya’all!. Focus Questions What is Money? What Can Be Used As Money? What characteristics are necessary for something to be good.