This video teaches the concept of Money. Money is anything that is used to buy and sell goods and services. In different times and places, many different items have served as money: gold, silver, shells, cattle, tobacco and printed paper currency.

Key Concepts

Exchange, Monetary Policy, Money, Federal Reserve

OTHER RELATED LESSONS

The Family Vacation

Students will take a surprise trip around the world. As they travel, they will use clues to discover where they are going. They will then figure out how much money they have spent in U.S. dollars, using exchange rates.

Grades 9-12, 6-8

Bill, Are You Bogus?

In a barter system, people have to trade goods and services for other goods and services. In an economy that produces millions of goods and services, barter is very difficult. Think of all the stuff (goods and services) you have.

Grades 3-5, 6-8

The Trading Game

In this lesson, students will learn about the gains from trade. Students will participate in a trading game that will demonstrate that trade can make everyone better off.

Grades 6-8, 9-12

Who Is Ben Bernanke?

This lesson introduces students to the Chairman of the Federal Reserve System, Ben Bernanke. It describes briefly his involvement within the Federal Reserve.

Grades 9-12

What Is Money? Why Does It Have Value?

In this lesson, students consider the fact that the value of money differs depending on where the money is being spent. In order to understand this idea, students will first develop a deeper understanding of what it means for money to have a value. They will then consider that different goods an...

Grades 6-8