What is Money Level 5
Across
- 3. The Greek word Aristotle used for money, derived from the word for custom or law.
- 4. A record of who owns what, kept in writing or in a community's memory.
- 5. A term used to describe a money that satisfies the seven properties to a workable degree.
- 6. The function of money that allows two people to trade even when neither wants exactly what the other has.
- 9. The Greek word for custom or law, the root of the Greek word for money.
- 11. The function of money that provides a common measure for comparing the values of different things. The unit of ___.
- 13. The lowering of the substance of a money by an issuing authority while the nominal value is kept the same.
- 15. The contemporary national currency of the United States.
- 16. The Greek philosopher who wrote that money exists not by nature but by law.
- 17. The monetary system that began operating in 2009 with a fixed supply and a public record held by participants around the world.
- 18. The bean used as money across Mesoamerica from the time of the Maya into the Spanish colonial period.
- 19. The group whose recognition is required for a substance to function as money.
- 20. The people of what is now Turkey who are credited with making the earliest known stamped metal coins.
- 21. The problem that what counts as money depends on the community accepting it as such.
- 22. The unit of rice that served as a principal money in feudal Japan, roughly the amount needed to feed one person for a year.
Down
- 1. The seventh property of money, recognized in the analytical literature only recently because of Bitcoin, that protects a money against being changed by parties who would benefit from changing it.
- 2. The island chain in the Indian Ocean where most of the cowries used as money across Africa and Asia were collected.
- 5. The function of money that lets a person hold purchasing power across time. The ___ of value.
- 7. The material first used to make money in late tenth century China.
- 8. The first property of money, requiring that people in a community will take the substance in exchange.
- 10. The material out of which a particular money is made, such as metal, paper, or digital records.
- 12. The character of money as something humans made rather than something found in nature.
- 14. The named value of a particular unit of money.
- 19. A small ocean shell used as money across much of Asia and Africa for more than a thousand years.