Money Madness Vocabulary

What did people do to get what they needed BEFORE there was money?

• They used coins.

• They gathered and hunted.

• They took other people’s things.

• They used only plants for food and clothing.

Which of the following is an example of bartering?

• paying with rocks for a toy

• paying with feathers for a toy

• trading one toy for another toy

• gathering materials to make a toy

All of the following are animals that people valued long ago EXCEPT

• camels.

• cows.

• elephants.

• sheep.

Why were bronze and copper used to make money long ago?

• They were not heavy metals.

• They could be cut into small pieces.

• Everyone had access to bronze and copper.

• There was a lot of bronze and copper available.

What happens to the value of a dollar when prices go up?

• The value goes up.

• The value doubles.

• The value goes down.

• The value does not change.