1. By: Miranda Crowl EDCI 270 Project 3 November 8, 2013

2. Objective 1- Given the definition of money, they will be able to write two sentences identifying what it is and what it is used for with 100% accuracy. Objective 2- Given the main functions, they will be able to define each main function in a sentence with 100% accuracy. Audience- 5 th graders, with a basic background on the different types of functions, and a little knowledge on the history of money. Learning Environment- In classroom (on a computer) by themselves must have a pencil and piece of paper.

3. Instruction Slide Content 1 Content 2 Content 3 Quiz Extras

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5. You will have five toolbar buttons to help you along the way. Click to see what each button does. Skip to quiz

6. You will have five toolbar buttons to help you along the way. Click to see what each button does. Click this button to go back to the last slide. Skip to quiz

7. You will have five toolbar buttons to help you along the way. Click to see what each button does. Click this button to go back to the first slide. Skip to quiz

8. You will have five toolbar buttons to help you along the way. Click to see what each button does. Click the button to return to the instructions slide. Skip to quiz

9. You will have five toolbar buttons to help you along the way. Click to see what each button does. If you are confident in your knowledge over this, click this button to advance to the quiz Skip to quiz Skip to Quiz

10. You will have five toolbar buttons to help you along the way. Click to see what each button does. Click this button to advance to the next slide Skip to quiz

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12. Definition: Money is something of value; object or record that is generally accepted as payment for goods and services. Skip to quiz

13. Money is believed to of originated from a temple of Hera, located on Capitoline, one of Rome’s Seven Hills. Skip to quiz

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15. Medium of Exchange Unit of account Store Value Skip to quiz

16. An intermediary used in trade to avoid the inconveniences of a pure barter system. Skip to quiz

17. A standard monetary unit of measurement of value/cost of goods, services, or assets. It lends meaning to profits, losses, liability, or assets Skip to quiz

18. A recognized form of exchange can be a form of money or currency, or commodity like gold, silver or financial capital. Skip to quiz

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20. Commodity Money Representative Money Fiat Money Coinage Skip to quiz

21. Money whose value comes from a commodity of which it is made Objects that have value in themselves as well as value in their use as money Skip to quiz

22. Pre-Revolutionary America including wampum, maize, iron nails, beaver pelts & tobacco Fort Knox gold repository long maintained by U.S. Skip to quiz

23. Gold certificates for gold 1933 & 1970 (1 U.S. dollar = 1/3 of a troy ounce) They banded the trade after 1933 Skip to quiz

24. Gold, Silver, Copper, Salt, Peppercorns, Large Stones, Decorated Belts, Alcohol, & Cigarettes Skip to quiz

25. A claim or commodity “Commodity-backed money” Type of money that has a face value greater than its value as material substances. Skip to quiz

26. William Stanley Jones (1875) thinks it arose because metal coins were “variously clipped or depreciated”. Skip to quiz

27. He noted that paper and other materials have been used as representative money. Skip to quiz

28. Gold Certificates Silver Certificates Skip to quiz

29. Any money declared by a government to be legal tender State issued money which is neither convertible by law to any other thing, nor fixed in value in terms of any objective standard Money without intrinsic values Skip to quiz

30. Latin fiat “let it be done”, “it shall be” China 11 th century Yuan & Ming dynastico Song Dynasty first issue paper money (Jiaozi) Skip to quiz

31. Europe (1661) John Palmsturch first in West Depreciated by 1776 it returned to a silver standard Bank of Amsterdam in 1683 Skip to quiz

32. Reserve currencies have been fiat currencies (U.S dollar & Euro) Skip to quiz

33. Pieces of hard material used primarily as a medium of exchange or legal lender Standardized in weight (produced in large quantities) Metal or alloy metal Disc Shape Skip to quiz

34. Iron Age Anatolia & Archaic Greece (600 B.C.) Spread rapidly in 6 th & 5 th B.C. throughout Greece & Persia & further to the Balkens & India Skip to quiz

35. Penny minted as a silver coin until 17 th Century First Copper penny minted U.S in 1970’s Skip to quiz

36. Penny, nickel, dime, quarter Swiss ten cent coin Bactrain Almoravid Ottoman Skip to quiz

38. What is Money? A. Something that doesn’t have value Something that doesn’t have value B. Object or record that is generally accepted as payment for goods & services Object or record that is generally accepted as payment for goods & services

39. Try again by hitting the back button Hint: Remember what we personally use money for

40. That’s right, we use money to pay for things To continue to the next question hit the next button

41. Where did money originate from? A. Germany Germany B. Africa Africa C. Rome Rome

42. Try again by hitting the back button Hint: A place where there are seven hills

43. Try again by hitting the back button Hint: Think hills

44. That’s right, money originated from temple of Hera 1 of Rome's 7 hills To continue to the next question hit the next button

45. What is one of the main functions of money? A. Buying Goods Buying Goods B. Medium of Exchange Medium of Exchange C. Barter System Barter System

46. Try again by hitting the back button Hint: Used to avoid inconveniences

47. That’s right, medium of exchange is used in trade to avoid inconveniences of pure barter To continue to the next question hit the next button

48. Try again by hitting the back button Hint: Remember trying to make it better

49. What does a unit of account lend meaning to? A. Assets Assets B. Owners equity Owners equity C. Insurance Insurance

50. That’s right, assets bring meaning to a unit of account To continue to the next question hit the next button

51. Try again by hitting the back button Hint: Think things you own what are those?

52. Try again by hitting the back button Hint: Things you own

53. When was the history of commodities discovered? A. World War II World War II B. Pre- Revolutionary War Pre- Revolutionary War C. World War I World War I

54. Try again by hitting the back button Hint: Think about what happened in each war

55. That’s right, the history of commodities was discovered during the Pre-Revolutionary War To continue to the next question hit the next button

56. Try again by hitting the back button Hint: Think of what happened in wars

57. What is coinage A. Pieces of hard material used primarily as a medium of exchange Pieces of hard material used primarily as a medium of exchange B. Soft pieces of metal used primarily as a gift Soft pieces of metal used primarily as a gift C. Pieces of material used as gifts Pieces of material used as gifts

58. That’s right, coinage is pieces of hard material used primarily as a medium of exchange To continue to the next question hit the next button

59. Try again by hitting the back button Hint: Are coins hard or soft?

60. Try again by hitting the back button Hint: Are coins worth something or not?

62. Activity Quiz.docx 1. You will print this worksheet out (click on this link and download it) 2. Complete the worksheet 3. Hand it in to your teacher so they can grade it 4. No looking back into the PowerPoint