Cover of the textbook Performer B1, Vol. 2

The key answer of exercise 6

The key to exercise solutions in chapter 2 - Culture and competences for the textbook Performer B1, Vol. 2 with authors Marina Spiazzi, Marina Tavella e Margaret Layton from Zanichelli

Question

In groups carry out a research project about the history of money, from early currency to coins, paper money, plastic money and mobile payment. Look for information on the Net. Then present your findings to the class.

Answer

Sample answer - Structure to help your research process


Title: Evolution of Money: From Barter to Mobile Payments

Introduction

  • Brief overview of the concept of money and its importance in human societies.
  • Thesis statement highlighting the evolution of money through various forms.

Section 1: Early Forms of Currency

  • Introduction to the barter system and the limitations it presented.
  • The emergence of commodity money (e.g., cattle, shells, salt) as an early form of currency.
  • Discuss the advantages and challenges of commodity money.

Section 2: The Birth of Coins

  • The development of metal coins as a standardized form of currency.
  • The role of governments and rulers in coin minting.
  • Advantages of coins in facilitating trade and commerce.

Section 3: Paper Money and Banking

  • The transition from commodity money and coins to paper money.
  • The establishment of early banking systems and the issuance of banknotes.
  • Historical examples of early paper money from different regions.

Section 4: Rise of Plastic Money

  • Introduction of credit cards and their impact on transactions.
  • The evolution of debit cards and their widespread use.
  • Advantages and concerns related to plastic money.

Section 5: The Digital Revolution

  • Introduction of digital currencies and online banking.
  • The role of technology in the shift towards mobile payments.
  • Exploring the rise of cryptocurrencies like Bitcoin.

Section 6: Mobile Payments and Beyond

  • The growth of mobile payment systems and digital wallets.
  • Impact of mobile payment apps on traditional banking.
  • Future trends in the evolution of money.

Conclusion

  • Summarize key points in the evolution of money.
  • Reflect on the societal impacts of these changes.
  • Consider the potential future developments in currency.

References

  • Citations for historical texts, academic articles, and reputable sources.

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