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History of Money (Grade 7)

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History of Money

What is "bartering"?

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

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