The Functions and Uses of Money
Citizenship · Year 7 · Financial Literacy and Managing Money · 3o Periodo

The Functions and Uses of Money

Explore the history of money, its primary functions as a medium of exchange, and the different forms it takes in modern society.

National Curriculum Attainment TargetsDfE National Curriculum Citizenship Key Stage 3: Subject content;The functions and uses of money, the importance and practice of budgeting, and managing risk.

About This Topic

Explore the history of money, its primary functions as a medium of exchange, and the different forms it takes in modern society.

Key Questions

  1. What are the essential functions of money in a modern economy?
  2. How has the concept of money evolved over time?
  3. Why do we place value on physical and digital currency?

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