Lesson 12 of 84 ยท Economics
โญ 30 XPโ Market PortThe History of Money
Money has a long history.
๐ฏ Your mission
Trade-offs everywhere โ find them.
โก The twist
Money is just a story everyone agrees to believe.
Mind = Blown
๐คฏ The first stock exchange was in Amsterdam in 1602 โ for spices.
Then & Now
๐ฑ This is happening in your local store every single day.
Money has a long history. A long time ago, people used items like shells or stones to trade for what they wanted. Now, we use coins and paper bills as money to buy things in stores.
Key Facts
People used to trade items before money.
Money can be coins or paper bills.
Money helps us buy what we need.
Check Your Understanding
Question 1
1 of 2What did people use before money?
Why this still matters
The next time you spend $1, ask: who else benefited besides you?
Stretch Challenge
Try this in real life this week.
Find two products that look similar but cost very different. Why?
For the dinner table
โIf you had $20 to start a business, what would you sell?โ
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