Awesome money collage art by Mark Wagner, http://markwagnerinc.com/washington-at-large/
We can exchange goods and services by barter or through a medium of exchange, like money. So what makes something useful as money? Believe or not Tide detergent has been used as money. This week what makes money money. How to create money. And how to control the amount of money in an economy.
Before Next week:
— Finish your paper. Due by the beginning of class Thursday April 14. Hard copy or emailed is fine. Have someone read it for you. And go through the grading rubric to see what you would give yourself. Do this when you still have time to improve your paper!
Rubric Measure of a country
–Watch the following videos:
— Complete the following study guide
Google docs here
For your procrastination:
Podcast from Marketplace on the end of the gold standard: Gold Standard RIP
Culture and savings from TED talks: Could your language affect your ability to save money?