ECONOMICS: April 17 Voter Registration Visit Warm-up When buying a product, is bartering or using money easier? Why? Economics Learning Target In order to understand how money has evolved over time to meet the needs of people everywhere, I will analyze the different types, characteristics, and functions of money. I will know I have it when I can: (1) differentiate between the use of bartering, commodity money, and fiat money; (2) explain the three functions of money; and (3) explain the four characteristics of money. Money and Banking (HO) --basic history and vocabulary; functions of money; characteristics of modern money Assignment Read Ch. 10, Lesson 2 (the gold standard)