The IMF, Money,
International Trade and Cooperation
(Activities: Cornerstones of the IMF and Trading Around the World)
Group #1:
Past and Present Forms of Money
Open the Red Treasure Chest of Currencies: everyone picks one to two forms of money. Let’s
see what we can learn from these money forms by using a visual framework about:
SHAPE, SIZE, COLOR, MATERIAL, FUNCTION
This framework can be applied to looking at any object whether it is a coin, toy, clothing,
jewelry, etc. Everyone describes the shape, size, color, material and function of their
money form(s). Then as a group, discuss how these objects are similar and how they are different.
To learn more about your particular money form(s), answer the following three questions:
- what country/continent were these money form(s) from?
- what time period were these money form(s) used?
- what else is interesting about these money form(s)?
Treasure Chest of Currencies includes:
SO WHAT? Group of students are to lead a discussion with the entire class using the following four questions:
- What are the most common forms of money used today? (coins, paper currency, credit cards, checks, travelers checks)
- How are ancient money forms different from money today? (Encourage the group to "show and tell" their money
form(s) with the entire class.)
- What are the advantages and conveniences of money forms today?
- Can you think of any problems or disadvantages to today’s money?
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