Podcast
Questions and Answers
Before the invention of money, people used a system known as bartering to exchange goods.
Before the invention of money, people used a system known as bartering to exchange goods.
True (A)
The word 'salary' has its origins in the Latin word for 'money'.
The word 'salary' has its origins in the Latin word for 'money'.
False (B)
One of the first forms of money was a type of seashell called the cowry.
One of the first forms of money was a type of seashell called the cowry.
True (A)
Many experts claim that the Lydians invented the first coins nearly 3000 years ago.
Many experts claim that the Lydians invented the first coins nearly 3000 years ago.
Paper money dates back to ancient Greece.
Paper money dates back to ancient Greece.
People have been using credit cards instead of money since the early 1900s.
People have been using credit cards instead of money since the early 1900s.
What was one of the first forms of money according to the passage?
What was one of the first forms of money according to the passage?
Where did the ancient Romans use as a means of payment, according to the passage?
Where did the ancient Romans use as a means of payment, according to the passage?
Who are often claimed to be the inventors of the first coins nearly 3000 years ago?
Who are often claimed to be the inventors of the first coins nearly 3000 years ago?
What material did the Chinese start producing money from due to a shortage of copper?
What material did the Chinese start producing money from due to a shortage of copper?
What system did people use before the invention of money to exchange goods?
What system did people use before the invention of money to exchange goods?
What are consumers using instead of money since the early 1900s, according to the passage?
What are consumers using instead of money since the early 1900s, according to the passage?
Before the invention of money, people primarily used the bartering system to exchange goods.
Before the invention of money, people primarily used the bartering system to exchange goods.
The word 'salary' has its origins in the Latin word for 'salt'.
The word 'salary' has its origins in the Latin word for 'salt'.
The first recorded use of paper money goes back around 1300 years ago.
The first recorded use of paper money goes back around 1300 years ago.
Consumers have been using credit cards instead of money since the early 1900s.
Consumers have been using credit cards instead of money since the early 1900s.
One of the first forms of money was actually a type of seashell, the cowry.
One of the first forms of money was actually a type of seashell, the cowry.
Many experts claim that the Lydians, people who lived in the part of the world that is now Turkey, invented the first coins nearly 3000 years ago.
Many experts claim that the Lydians, people who lived in the part of the world that is now Turkey, invented the first coins nearly 3000 years ago.
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