Page 46 - Key to Social Studies 4

1 1 3 ECONOMICS & CIVICS

LESSON 11

1 Match the words on the left with the descriptions on the right.

1. Trade a. Allows payment without using physical money
2. Check b. Exchanging goods and services with other
goods and services
3. Credit card
c. Exchanging something for something else
4. Barter
d. Having the power of control
5. Dominant
e. Direct written order to a bank to pay

2 Fill in the blanks.

1. The process of and products is considered
trade.

2. Trading goods and services was done before money using .

3. Coin money was developed by the and .

4. Paper money was accepted in the west after years from being
issued in China.

5. The paper dollar showed up in the United States after the .

6. A check is a written to a bank to pay.

7. Technology makes people now pay money .

8. The earliest coins appeared in the Kingdom of .

9. Paper money started in the form of .

10. During the Stone Age, people traded .

3 Mark true or false.

1. Trade has to be exchanging money with goods only. true false

2. Trade helped civilizations flourish and gain power. true false

3. Coin money was developed around the 800 B.C.E. true false
4. People can now pay their bills and buy items online. true false

5. Trade now is easier than it has ever been before. true false

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