Early Currency Vocabulary 2025 PDF

‭AOF:‬‭FINANCIAL‬‭SERVICES‬ ‭THE‬‭CHRONICLES‬‭OF‬‭CURRENCY‬‭|‬‭2025‬ ‭Vocabulary‬‭01:‬‭Early‬‭Currency‬ ‭‬ P ‭ ractice‬‭Quizizz‬‭=‬‭50‬‭points‬ ‭‬ ‭Random‬‭Term‬‭=‬‭50‬‭points...

‭AOF:‬‭FINANCIAL‬‭SERVICES‬ ‭THE‬‭CHRONICLES‬‭OF‬‭CURRENCY‬‭|‬‭2025‬ ‭Vocabulary‬‭01:‬‭Early‬‭Currency‬ ‭‬ P ‭ ractice‬‭Quizizz‬‭=‬‭50‬‭points‬ ‭‬ ‭Random‬‭Term‬‭=‬‭50‬‭points‬ ‭You‬‭must‬‭identify‬‭the‬‭item,‬‭year(s)‬‭and‬‭description‬‭based‬‭on‬‭its‬‭image.‬ ‭ owrie‬‭Shells‬‭(1200BC)‬‭-‬‭First‬‭universal‬‭currency‬‭used‬‭in‬‭China,‬‭found‬‭in‬‭shallow‬‭waters‬‭from‬ C ‭1‬ ‭the‬‭Pacific‬‭and‬‭Indian‬‭Oceans.‬ L‭ ydian‬‭Lion‬‭(700BC)‬‭-‬‭First‬‭coins‬‭of‬‭precious‬‭metals.‬‭They‬‭were‬‭organized‬‭by‬‭weight‬‭and‬ ‭2‬ ‭identified‬‭by‬‭stamps‬‭of‬‭Gods‬‭of‬‭Emperors.‬ ‭ hinese‬‭Copper‬‭Coins‬‭(260BC)‬‭-‬‭Uniform‬‭in‬‭style‬‭and‬‭established‬‭by‬‭the‬‭first‬‭emperor‬‭of‬ C ‭3‬ ‭China.‬‭The‬‭square‬‭hole‬‭was‬‭used‬‭to‬‭string‬‭coins‬‭together.‬ ‭ hinese‬‭Paper‬‭Money‬‭(806)‬‭-‬‭The‬‭first‬‭representative‬‭money‬‭used‬‭due‬‭to‬‭a‬‭copper‬‭shortage.‬‭It‬ C ‭4‬ ‭was‬‭used‬‭for‬‭over‬‭600‬‭years‬‭but‬‭abandoned‬‭in‬‭1455‬‭due‬‭to‬‭massive‬‭inflation‬‭and‬‭distrust.‬ ‭ ampum‬‭(1535)‬‭-‬‭Tiny‬‭shells‬‭strung‬‭together‬‭used‬‭by‬‭Native‬‭Americans‬‭as‬‭gifts,‬‭but‬‭soon‬ W ‭5‬ ‭used‬‭as‬‭currency‬‭by‬‭American‬‭colonists.‬ ‭In‬‭1637‬‭it‬‭became‬‭legal‬‭tender‬‭in‬‭Massachusetts.‬ ‭ ine‬‭Tree‬‭Shilling‬‭(1652)‬‭-‬‭Created‬‭in‬‭Massachusetts‬‭Bay‬‭Colony‬‭to‬‭help‬‭encourage‬‭economic‬ P ‭6‬ ‭growth.‬ ‭It‬‭was‬‭minted‬‭without‬‭the‬‭permission‬‭of‬‭the‬‭British‬‭Government.‬ ‭ assachusetts‬‭Bill‬‭of‬‭Credit‬‭(1690)‬‭-‬‭First‬‭Paper‬‭Money‬‭in‬‭America,‬‭issued‬‭for‬‭tax‬‭credits‬‭but‬ M ‭7‬ ‭also‬‭used‬‭to‬‭buy‬‭goods‬‭and‬‭services.‬ ‭AOF:‬‭FINANCIAL‬‭SERVICES‬ ‭THE‬‭CHRONICLES‬‭OF‬‭CURRENCY‬‭|‬‭2025‬ ‭ ritish‬‭Pound‬‭-‬‭The‬‭official‬‭currency‬‭of‬‭the‬‭American‬‭Colonies,‬‭the‬‭most‬‭common‬ B ‭8‬ ‭denominations‬‭were‬‭pounds,‬‭shillings‬‭and‬‭pence.‬ ‭By‬‭law,‬‭they‬‭were‬‭always‬‭worth‬‭more‬‭than‬ ‭any‬‭colonial‬‭currency.‬ S‭ panish‬‭Dollar‬‭-‬‭This‬‭was‬‭widely‬‭acceptable‬‭amongst‬‭American‬‭Colonists‬‭and‬‭also‬‭the‬‭most‬ ‭9‬ ‭trusted.‬‭The‬‭most‬‭common‬‭denominations‬‭were‬‭the‬‭Dollar,‬‭Real‬‭and‬‭Peso.‬ ‭ ennsylvania‬‭Pound‬‭-‬‭The‬‭last‬‭paper‬‭money‬‭of‬‭the‬‭colonies‬‭was‬‭issued‬‭for‬‭both‬‭British‬‭Pounds‬ P ‭10‬ ‭and‬‭Spanish‬‭Dollars.‬ ‭ ontinental‬‭(1775-1790)‬‭-‬‭Currency‬‭issued‬‭by‬‭the‬‭Continental‬‭Congress‬‭to‬‭pay‬‭for‬‭the‬ C ‭11‬ ‭Revolutionary‬‭War.‬‭Overprinting,‬‭Counterfeiting‬‭and‬‭Massive‬‭Inflation‬‭made‬‭it‬‭worthless.‬ ‭ nited‬‭States‬‭Dollar‬‭(1792)‬‭-‬‭The‬‭official‬‭currency‬‭of‬‭the‬‭United‬‭States.‬ ‭It‬‭is‬‭based‬‭off‬‭of‬‭the‬ U ‭12‬ ‭Spanish‬‭Dollar‬‭because‬‭it‬‭was‬‭more‬‭trusted‬‭and‬‭widely‬‭used.‬‭(also‬‭because‬‭we‬‭just‬‭fought‬‭a‬ ‭war‬‭with‬‭the‬‭British).‬ ‭This‬‭version‬‭is‬‭often‬‭referred‬‭to‬‭as‬‭“Lady‬‭Liberty”‬