Money Page 86 Why do cows wear bells? Their horns don’t work!
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Money Money Page 86 Page 86 Why do cows wear bells? Their horns don’t work!
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Transcript of Money Page 86 Why do cows wear bells? Their horns don’t work!
MoneyMoney
Page 86Page 86
Why do cows wear bells?
Their horns don’t work!
Standard 13f
Essential Understandings: Money is defined as anything that is generally accepted as a method of payment.
Essential Questions: Why does the government issue currency and coins? Which government agencies are responsible for creating money?
Vocabulary: coins, currency, Federal Reserve notes, credit cards, debit cards
What type What type of of
business business has one has one owner?owner?
In the In the U.S. U.S.
economy, economy, what what
determindetermines price?es price?
Which Which economic economic type has a type has a centrally centrally
planned and planned and controlled controlled economy?economy?
What What economic economic
term term means means using using
goods and goods and services?services?
What What type of type of resourcresourc
e is e is pictured pictured
here?here?
What type What type of crime is of crime is
murder murder and and
kidnappingkidnapping??
What does What does a police a police officer officer
need to need to have in have in order to order to make an make an arrest?arrest?
What What documendocument is the t is the
“suprem“supreme law of e law of
the the land?”land?”
Which court Which court is where a is where a defendant defendant
would have a would have a trial by jury trial by jury for a federal for a federal
felony?felony?
Name one Name one way an way an interest interest
group can group can affect affect public public policy.policy.
https://www.youtube.com/watch?v=KAm-kDXX0f4
Money is defined as anything that is
generally accepted as a method of payment.
When the United States government issues coins and currency, people accept it in
exchange for goods and services because they have confidence in the
government. Government issues
money to facilitate this exchange.
https://www.youtube.com/watch?v=XFxllgA32ug
Three Three typestypes of money of money generally used in the generally used in the
United States:United States: CoinsCoins Federal ReserveFederal Reserve notes notes
(known as paper currency)(known as paper currency) Deposits in bank accounts Deposits in bank accounts
that can be accessed by that can be accessed by checkschecks and and debit cardsdebit cards
How does the government get funds for paying the National Guard in your
community, repairing the roads after a difficult winter, or building a new post
office?
How does the government get funds for paying the National Guard in your
community, repairing the roads after a difficult winter, or building a new post
office?
The government can use tax money (and even increase taxes) or borrow money.
What gives the government authority to tax individuals
and businesses?
What gives the government authority to tax individuals
and businesses?
The 16th Amendment to
the U.S. Constitution
Name some public goods and services from the national
government.
Name some public goods and services from the national
government. DefenseDefense National parksNational parks Postal servicesPostal services Veterans’ AffairsVeterans’ Affairs Bank regulationBank regulation Food and drug Food and drug
safetysafety
National weather National weather forecastsforecasts
Labor lawsLabor laws Federal housing Federal housing
projectsprojects EducationEducation Highways and Highways and
transportation transportation systemssystems
On the left side of your notebook, illustrate and label four kinds of
money.
Coins
FederalReserveNotes
Check
DebitCard
