Section 3 - individual

system of trade through swapping items

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

notes, coins and debit cards

the government's bank, responsible for issuing money, setting interest rates

Instant access account

High St bank (HSBC etc) offering a range of accounts to individuals and businesses

electronic payment card that allows users to make purchases with borrowed money that can be paid at a later date

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

electronic payment card linked to current/checking account that has the funds to make the transaction

the money available after paying taxes that you can choose how to use

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

the ability for and item/asset to be exchanged for cash with no loss of value

commodity that is universally accepted for as payment for all goods and services