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The week's Big Question What do some of us have lots of, whilst others very little? For some people, it's a cure for all problems but for others, it's.

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Presentation on theme: "The week's Big Question What do some of us have lots of, whilst others very little? For some people, it's a cure for all problems but for others, it's."— Presentation transcript:

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2 The week's Big Question What do some of us have lots of, whilst others very little? For some people, it's a cure for all problems but for others, it's a curse Is it a belief in God? No, a belief in MONEY

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4 The Birth of Money Before the invention of money the only way to trade goods was via the barter system

5 Primitive Money Amber, beads, cowries, drums, eggs, feathers, gongs, hoes, ivory, jade, kettles, leather, mats, nails, oxen, pigs, quartz, rice, salt, thimbles, umiacs, vodka, wampum, yarns, and zappozats

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7 What is Money? Any token or other object that functions as a medium of exchange that is socially and legally accepted in payment for goods and services and in settlement of debts

8 The Characteristics "Money is a matter of functions four, a medium, a measure, a standard, a store."

9 Why do we need it? Absence of money causes an economy to be inefficient because it requires a coincidence of wants between traders, and an agreement that these needs are of equal value

10 What are the Benefits? The efficiencies gained through the use of money are thought to encourage trade and the division of labour, in turn increasing productivity and wealth

11 Death by forgery

12 Thank you Rodger

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14 Heads or Tails? King, Queen & Britannia

15 Add a little colour 10 shilling note £1 note £5 note Old white fiver was dull - white and printed only on one side

16 Whos who? £5 Series E Revision £10 Series E Revision £20 Series E Revision £20 Series F £50 Series E

17 What Colour the Euro?

18 A Question of Money Million Pound Notes Scotland & Wales Best fiver ever Oldest banknote Hell Money

19 Slang Money Joey Tanner Bob Nicker Maggie Lady Godiva Score Pony Ton Monkey Grand Archer

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