The week's Big Question What do some of us have lots of, whilst others very little? For some people, it's a cure for all problems but for others, it's.

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Presentation transcript:

The week's Big Question What do some of us have lots of, whilst others very little? For some people, it's a cure for all problems but for others, it's a curse Is it a belief in God? No, a belief in MONEY

The Birth of Money Before the invention of money the only way to trade goods was via the barter system

Primitive Money Amber, beads, cowries, drums, eggs, feathers, gongs, hoes, ivory, jade, kettles, leather, mats, nails, oxen, pigs, quartz, rice, salt, thimbles, umiacs, vodka, wampum, yarns, and zappozats

What is Money? Any token or other object that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and in settlement of debts

The Characteristics "Money is a matter of functions four, a medium, a measure, a standard, a store."

Why do we need it? Absence of money causes an economy to be inefficient because it requires a coincidence of wants between traders, and an agreement that these needs are of equal value

What are the Benefits? The efficiencies gained through the use of money are thought to encourage trade and the division of labour, in turn increasing productivity and wealth

Death by forgery

Thank you Rodger

Heads or Tails? King, Queen & Britannia

Add a little colour 10 shilling note £1 note £5 note Old white fiver was dull - white and printed only on one side

Whos who? £5 Series E Revision £10 Series E Revision £20 Series E Revision £20 Series F £50 Series E

What Colour the Euro?

A Question of Money Million Pound Notes Scotland & Wales Best fiver ever Oldest banknote Hell Money

Slang Money Joey Tanner Bob Nicker Maggie Lady Godiva Score Pony Ton Monkey Grand Archer