History of Money

Where did the first banknotes appear?

• China

• Japan

• USA

• Spain

True or False?

Cowrie shells were used as currency in China in 1200B.C.

• True

• False

What materials were used to make the first metal coins?

• aluminium, gold and rock

• shell, paper and silver

• iron, spiderman and gold

• iron, lead and copper

Throughout their history people have used different things _____ money.

What determines the type of pictures and images on currency?

• the artist decides what to draw

• the government decides what should be on money

• it should be colorful

• countries choose to put things that tell about their culture, history or important people on their currencies.

Where did the name 'greenback' come from?

• Reference to the animal used for barter in earlier trade

• The color of ink used on the back side of one of the earliest currencies in the U.S.

• A term for the football team from Green Bay

• A person who is new to trade

What was born first, currency or debt?

• Currency

• Debt

• They were created at the same time, out of the necessity to keep track of who owed what to whom.

What was the first form of money used by ancient civilizations?

• A) Barter system

• B) Metal coins

• C) Paper money

• D) Digital currency

Which civilization is credited with creating the first metal coins?

• A) Romans

• B) Greeks

• C) Lydians

• D) Egyptians

What was the primary material used in the first paper money?

• A) Cotton

• B) Papyrus

• C) Mulberry bark

• D) Silk