PPT-The Evolution, Functions and Characteristics of Money

AP Economics The Evolution of Money Barter Economy moneyless economy that relies on trade or barter Problems products some people offer are not always acceptable or easy to divide for payment. Variation in Living Things. SPECIES  - Group of organisms that interbreed. VARIATION - small differences between individuals of a species  . Some neither helpful nor harmful  . Some enable organism to be better suited to its environment.. Me the. Medium of Exchange. Lesson . 3. Slide 3A. What . Does . That. Mean? . Term. Definition . economist . an expert in economics which is a social science concerned with the processes and. . systems by which goods and services are produced, sold, and bought.. There is no commonly acceptable definition of money. Some define money as anything acceptable I payment of goods and services or in settlement of debt. . Some say money is anything that performs the function of medium of exchange, measure of value and store of value .. (Skulls) . Types of Primate Skulls . Homo Sapiens . Homo Erectus . Homo Neanderthalensis . Australopithecus Boisei . Australopithecus Afarensis . Chimpanzee . Gorilla . Characteristics of Each Primate Skull . Housing Perspectives on VFM, Social Value and Social Accounting. Guy Daly. . and Kevin Gulliver. HOUSING STUDIES ASSOCIATION CONFERENCE APRIL 2014. Value for Whose Money?. Introduction. Aims of the paper. 4. 3. 2. 1. 0. In addition to level 3.0 and beyond what was taught in class, the student may: . Make connection with other concepts in math.. Make connection with other content areas..  . The student will understand and explain the difference between functions and non-functions using graphs, equations, and tables.. 1. Blood . proteins in horses are chemically similar to blood proteins in monkeys. This similarity suggests that horses and . monkeys:.   .  . . a. can interbreed  .  . b. evolved at the same time  . Describe the three uses of money. Identify and explain the six characteristics of money. Understand the sources of money’s value. Do Now. What do you think is the difference between currency and money?. Warm Up: Set up your notes in your notebook. Page: 55. Title: Cladograms. Date: 1/18. EQ: How can I model divergent evolution. Standard. : B8B Categorize organisms using a hierarchical classification system based on similarities and differences shared among groups. BARTER SYSTEM- HISTORICAL . Introduction. -. Money is something which is generally accepted as a medium of exchange. It is one of the most basic and significant inventions of mankind. Before money came into use, exchange took place through barter system, i.e. , goods were exchanged for goods. . Money: Everyday Economics. , go to:. https://cvent.me/eXo5zG. The opinions expressed are solely those of the presenters and do not reflect the opinions of the Federal Reserve Bank of Dallas or the Federal Reserve System. . Some define money as anything acceptable I payment of goods and services or in settlement of debt. . Some say money is anything that performs the function of medium of exchange, measure of value and store of value .. Prof. . Alok. Kumar . Goyal. Department of Economics. Deen. . Dayal. . Upadhyay. Gorakhpur University. Functions of Money. . 1. Primary Function. 2. Secondary or Derived Function. 3. Contingent Function. The definition of a bank varies from country to country. Under English common law, a banker is defined as a person who carries on the business of banking, which is specified as: conducting current accounts for his customers, paying cheques drawn on him/her, and collecting cheques for his/her customers..