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What is Money? Unit 2 Everyone uses money.

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Presentation on theme: "What is Money? Unit 2 Everyone uses money."— Presentation transcript:

1 What is Money? Unit 2 Everyone uses money.
We all want it, work for it and think about it. Unit 2

2 What was there Before Money?
Exchange/ Trade To obtain the goods and services they needed Bartering

3 Disadventages of Bartering?
Does not provide the trading efficient Is tiring Confusing Inefficient

4 What was the currency before?
GOLD and SILVER Gold is something you can safely believe is valuable

5 What is the Problem with GOLD as currency?

6 What is Commodity? A kind of Currency
Form of money, including coins and paper notes In Notrth America ecpecialy the Banking is done in GOLD

7 Now a days what do we use? Debt Card Credit Card

8 How to Increase the Money Supply?
The central bank can. In Canada It’s the Centrel Bank Of Canada, to buy government Fixed-income Securities in the market

9 Bank Note Security Features
OLD NEW

10 Total Number of Counterfeit Canadian Banknotes Passed
Year Total 2013 48,364 2012 44,975 2011 52,217 2010 53,536 2009* 66,696 2008 107,689 2007 141,502 2006 287,088 2005 402,303 2004 552,980 2003 443

11 Make your own Bank note with Security Features.
YOUR ASSIGNMENT Make your own Bank note with Security Features. GOOD LUCK!! Due by: Sep Inshallah


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