Process

Question 1 - What is money?

The following link will assist your group in understanding what money is. Read the article and answer the following questions:

Http://www.investopedia.com/articles/basics/03/061303.asp

a. What did people do to obtain goods and services before the development of money ?

b. Based on your answer above and the controversies it caused, what was the next form of exchange developed? Give two examples of what was used.

Activity for Question 1:

Now that you have completed these two questions please divide into pairs and pick two objects from your desk that you can barter with another group for. Consider the value of the objects that you chose when bartering with other groups. How would you decide the value of the objects that you chose?

Please review the following website to help your group understand and explore how money is made in the United States. Answer the following questions.

When you have completed these questions please work individually to create your own coin or paper money. Be creative!

Question 3 - What are historical events that took place during the development of money?

Please review the following website to help in the understanding of different historical events that took place in the development of money. Answer the following questions.

c. In what year did Bureau of Engraving and Printing begin printing all U.S. currency?

d. Give three reasons why the Bureau of Engraving and Printing has gone from 6 employees on it first day to over 2,300 today.

After you have completed these questions please work individually to create a timeline of the history of money in the United States.

Process
Title	Question 1 - What is money? The following link will assist your group in understanding what money is. Read the article and answer the following questions: Http://www.investopedia.com/articles/basics/03/061303.asp a. What did people do to obtain goods and services before the development of money ? b. Based on your answer above and the controversies it caused, what was the next form of exchange developed? Give two examples of what was used. Activity for Question 1: Now that you have completed these two questions please divide into pairs and pick two objects from your desk that you can barter with another group for. Consider the value of the objects that you chose when bartering with other groups. How would you decide the value of the objects that you chose? Question 2 - Where does money come from? Please review the following website to help your group understand and explore how money is made in the United States. Answer the following questions. Http://www.usmint.gov/kids/coinNews/ a. What is a Mint? b. When was the first official mint opened? When did it produce it's first coin? c. What process does a coin go through to be created? d. Where are the mints in the Unites States? e. Take a tour of one of the mints and tell the story. f. What is the EURO? Activity for Question 2: When you have completed these questions please work individually to create your own coin or paper money. Be creative! Question 3 - What are historical events that took place during the development of money? Please review the following website to help in the understanding of different historical events that took place in the development of money. Answer the following questions. Http://www.frbsf.org/federalreserve/money/funfacts.html a. What colony was first to issue paper money? b. By the end of the civil war what percentage of money was counterfeit? c. In what year did Bureau of Engraving and Printing begin printing all U.S. currency? d. Give three reasons why the Bureau of Engraving and Printing has gone from 6 employees on it first day to over 2,300 today. e. List two other facts your group found interesting. Activity for Question 3: After you have completed these questions please work individually to create a timeline of the history of money in the United States.
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