Remember: The form of money changed, from things to coins to paper to numbers. The promise stayed.
Read and answer
Read the story first, then answer.
The Money MuseumMaya and Grandpa Tom visited the Money Museum, whose long hall was a timeline, oldest by the door and newest at the far end. First came swapping, then shells, beads and salt, which many places used as money. About 2,600 years ago, the first stamped coins appeared. About a thousand years ago, paper money began in China, light and sealed. Several hundred years ago, bankers in busy towns kept coins safe and lent them. In the 1630s came a tulip craze, an early bubble, and in the 1800s many countries promised gold for paper money. In the 1920s prices ran away in places, then came the Great Depression in the 1930s. In 1950 the first cards said, "I will pay later." From the 1960s came cash machines, and in the 1990s people shopped on computers. In 2008 a chain of promises snapped and lending froze. Today we tap, scan and use apps, and new ideas keep arriving, yet through it all money stayed a promise people agree on.
1
The dot shows when the first cards began. Which year is it?
193019501990
2
Which sign in the museum's table is the oldest?
Paper moneyThe tulip crazeStamped coins
3
Put the museum's first four halls in order, oldest first.
The first stamped coins
Bankers keeping coins safe
Shells, beads and salt
Paper money in China
4
Circle everything that came before the year 1900.
The first stamped coinsThe first cardsThe tulip crazeCash machinesMany countries promising gold for money
5
Money changed its form: things, then coins, then paper, then .
saltshellsnumbers
Match, fix and think
6
Join each to its time.
1The first cards
2Cash machines
3Shopping on computers
4Lending froze
A2008
Bfrom the 1960s
C1950
Dthe 1990s
7
The tulip craze came before the Great Depression.
TrueFalse
8
Grandpa Tom says: cash machines came before paper money. Is Grandpa Tom right?
YesNo
9
What was new in the 1990s?
Cash machinesThe first cardsPeople shopping on computers
10
What happened in some places in the 1920s?
Prices ran awayPaper money beganThe first cards were made
11
Shells, coins, paper and numbers all work as money. What do they share?
They are all made of metalPeople agree together that it is moneyThey are all very heavy
12
Write what you think might come next on the timeline.
13
Draw your own timeline of money. Put shells, coins, paper, cards and apps in order.
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Answer key · Set A
A timeline of money
11950 The first cards began in 1950.
2Stamped coins About 2,600 years ago is longer ago than about 1,000 years ago or the 1630s.
32, 4, 1, 3 Swapping and shells came first, then stamped coins, then paper money, then bankers.
4The first stamped coins, The tulip craze, Many countries promising gold for money Coins, the tulip craze (1630s) and gold promises (1800s) are before 1900. Cards (1950) and cash machines (1960s) are later.
5numbers Only its form changed: things, then coins, then paper, then numbers.
61-C, 2-B, 3-D, 4-A Cards 1950, cash machines from the 1960s, computer shopping in the 1990s, and the freeze in 2008.
7True The tulip craze was in the 1630s and the Great Depression in the 1930s.
8No Paper money began about a thousand years ago. Cash machines came from the 1960s.
9People shopping on computers Cash machines came from the 1960s and the first cards in 1950. In the 1990s people shopped on computers.
10Prices ran away In the 1920s prices ran away in places. Paper money is much older and cards came in 1950.
11People agree together that it is money Money stayed a promise people agree on. Only its form changed.
12Your own words: a grown-up reads it.
Mark each answer, count the right ones and write the score on the sheet.