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What is Money? Unit 2 Everyone uses money.
We all want it, work for it and think about it. Unit 2
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What was there Before Money?
Exchange/ Trade To obtain the goods and services they needed Bartering
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Disadventages of Bartering?
Does not provide the trading efficient Is tiring Confusing Inefficient
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What was the currency before?
GOLD and SILVER Gold is something you can safely believe is valuable
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What is the Problem with GOLD as currency?
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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
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Now a days what do we use? Debt Card Credit Card
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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
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Bank Note Security Features
OLD NEW
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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
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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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