This class was created by Brainscape user Motheo Moledi. Visit their profile to learn more about the creator.

Decks in this class (13)

Traditional and Modern Societies
Where did the idea of money come ...,
When we talk of a country s econo...,
What types of payment do we use w...
15  cards
Promissory Notes
What is a promissory note 1,
A promissory note is a private___...,
How to promissory notes differ to...
9  cards
Bartering
Give an example where a farmer is...,
Each farmer has something that te...,
What was the earliest form of mon...
18  cards
Coins
What are the advantages of curren...,
What did early forms of currency ...,
What did traders use metals such ...
10  cards
Paper Money
What are banknotes 1,
What do people get paid with when...,
What does the money people get pa...
10  cards
Electronic Banking
What does it involve 1,
What is the latest development in...,
Name a benefit of electronic bank...
5  cards
The Role Of Money
What does money reflect 1,
How has the simple barter system ...,
In the days of audience farming a...
19  cards
Consumer Economies
What is a consumer economy 1,
What makes consumer spending easi...,
How does consumer spending put pr...
10  cards
Personal Savings
The money that you gather togethe...,
What is personal savings 2,
When does it count as saving 3
3  cards
Purpose Savings
What happens when you buy things ...,
Even though you get the item imme...,
By_____ and buying things for____...
5  cards
History Of Banks
How long have people been using b...,
What is linked to the history of ...,
What solved the problems of the b...
29  cards
Role Of Banks
How people pay interest 1,
What is usually a boost to the ec...,
When a capital investment is made...
7  cards
Services Offered By Banks
Name the services offered by bank...,
Banks have a savings account for ...,
What do people under 16need to do...
6  cards

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EMS

  • Class purpose General learning

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