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History of Money (Grade 7)

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History of Money

1. 
What is "bartering"?



2. 
The first coins were minted during the 7th century BCE in the ancient kingdom of                .
  1. Lydia
  2. Egypt
  3. Persia
  4. Sparta
3. 
From what material were the first coins made?
  1. gold
  2. silver
  3. electrum
  4. platinum
4. 
The most important denominations of coins in ancient Greece were the drachma and the stater.
  1. True
  2. False
5. 
Each Greek city-state used the same denominations, but put their own designs on their coins.
  1. True
  2. False
6. 
Most ancient Greek coins were made out of bronze.
  1. True
  2. False
7. 
The word "money" comes from the name of the Roman goddess Juno Moneta.
  1. True
  2. False
8. 
From the 3rd century BCE to the 3rd century CE the                 was the standard Roman denomination.
  1. real
  2. thaler
  3. denarius
  4. sestertius
9. 
Paper money was first introduced in the 11th century CE in which modern-day country?
  1. Peru
  2. China
  3. France
  4. Zimbabwe
10. 
During which dynasty was paper money introduced?
  1. Wei
  2. Ming
  3. Song
  4. Yuan
11. 
The Spanish dollar was legal tender in the United States until 1857.
  1. True
  2. False
12. 
Charge cards and credit cards are the same thing.
  1. True
  2. False
13. 
In what year was the credit card introduced?
  1. 1914
  2. 1929
  3. 1958
  4. 1976
14. 
Bitcoin is an example of a digital and decentralized form of payment called a                                   .

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