Properties of Money Worksheet

Front

Some people started cutting the coins in half, which confused store owners. ____________

Back

Divisibility

Front

Which type of money is described as 'Money that has value all by itself, like gold or cows'?

Back

Commodity Money

Front

Which type of money is described as 'Money that stands for something valuable stored elsewhere. You can exchange it for a set amount of something (like gold or silver)'?

Back

Representative Money

Front

Which type of money is described as 'Money that has value because people trust the government that issues it. It has no value by itself.'?

Back

Fiat Money

Front

Which of the following best describes how your money meets the property of durability? It can withstand wear and tear over time., It is easy to carry around., It can be divided into smaller units., It is accepted everywhere.

Back

It can withstand wear and tear over time.

Front

Which of the following best describes how your money meets the property of portability?
Options:
It can be easily carried and transferred.
It cannot be moved from place to place.
It loses value when transported.
It is only usable in one location.

Back

It can be easily carried and transferred.

Front

Label or list how your money meets each property: Divisibility.

Back

Money can be divided into smaller units for transactions.

Front

Which of the following best describes how your money meets the property of uniformity? Options: All units of money are identical in value and appearance., Money can be easily divided into smaller units., Money is accepted everywhere., Money holds its value over time.

Back

All units of money are identical in value and appearance.

Front

Which property does your money meet when it is limited in supply?

Back

Scarcity

Front

Which of the following best describes how your money meets the property of Stability of Value? Options: It maintains its value over time., It loses value quickly., It gains value unpredictably., It cannot be used for transactions.

Back

It maintains its value over time.