Page 48 - Key to Social Studies 4

1 1 3 ECONOMICS & CIVICS

LESSON 11

6 Fill in the blanks using the following words.

check unstandardized trade paper money coins

electronic money Stone Age obsidian receipts

1. is the act of exchanging something with something else.

2. was first issued in China.
3. A is an order to a bank to pay for goods and services.

4. Technology made the existence of possible.

5. The first coins stopped for their composition.

6. Rich people did not move around with their ; they got
to regain their money.

7. People in the traded as there were no coins or
money.

7 Imagine that you could decide on the kind of trade everyone should do.
What kind of trade would you choose? Why?

8 What would have happened if money had never been invented?

46