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Lessons on Concept 'Functions of Money' for 9-12

Please find the grade level for your class.


What is Money? Why Does It Have Value?
Grade 6-8, 9-12 / EconEdLink: Students will think about why we have money, why it has value, and why it makes exchange easier. They will learn about the three main functions of money (as a medium of exchange, as a unit of account, and as a store of value) and why these functions are important. Finally, they will consider how a money system encourages specialization.