Fiat Money
Presentation
•
Social Studies
•
12th Grade
•
Hard
Joseph Anderson
FREE Resource
6 Slides • 3 Questions
1
Announcements
Tests are grades
Group currency assignments are due tomorrow at the start of class
TODAY'S AGENDA
Quick Lecture on Quizizz
Homework Assignment from book
2
2:21-3:25
3
4
Multiple Choice
What do we call money that has another useful purpose?
fiat money
commodity money
5
6
7
Multiple Choice
The difference between representative money and fiat money is that
representative money is worth more than fiat money.
fiat money is counted in coins; representative money is counted in paper dollars.
fiat money is more durable than representative money.
representative money is backed by silver or gold, ; fiat money is not.
8
Multiple Choice
9
HOMEWORK ASSIGNMENT
1) Read "Sources of Money's Value" section in textbook on pages 213-215
2) Answer Questions 1, 4, and 5 on page 215
Worth 10 points and due at the start of class tomorrow , 1:55 PM
If you still have to do the test Friday, use this time to do that
Missing a lot of worksheets from last week, if you have them turn them in
Announcements
Tests are grades
Group currency assignments are due tomorrow at the start of class
TODAY'S AGENDA
Quick Lecture on Quizizz
Homework Assignment from book
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