this is part of Hallo, Money the online course on www.ooberkidsrepublic.com
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Created by cecilia valente
almost 4 years ago
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Close
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Created by cecilia valente
almost 4 years ago
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* Money is a
kind of technology that allows us to get what we need
* In the modern world you can use the internet and technology to spend or even save and invest money
* In this class we go back in time to shop like cave children. They did not have cash, cards or apps but they still got what they needed and liked by...
*Barter seems an easy way to pay for goods and services but it can be tricky because it depends on two chances (or coincidences)
* When cave dwellers could not barter they gave credit to people they trusted
* If you give credit, you are the 'creditor'. A creditor gives a good or a service and accepts to be paid later
* In small communities, like prehistoric villages, people knew each other very well
*Today we still use credit to pay for goods and services and trust is still key to getting credit
* CREDIT and BARTER ARE OLDER THAN MONEY, WRITING OR EVEN NUMBERS
* So, give them credit for their intelligence and resourcefulness...
