Unit Award Scheme

115632 THE HISTORY OF MONEY

In successfully completing this unit, the Learner will have

Evidence needed

shown knowledge of

1why there was a need to create money in the pastSummary sheet
2what currency is and why it worksSummary sheet
3when paper money was createdSummary sheet
4the meaning of the words 'borrowing', 'interest' and 'loans'Summary sheet
5where money is minted and printedSummary sheet
6why at certain times of the week or year more money is in circulation and how some money disappearsSummary sheet
7the change in demand for cash over timeSummary sheet

demonstrated the ability to

8take part in a discussion about the practicalities of bartering and trading Summary sheet
9take part in a discussion about the need for electronic banking as well as actual money.Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 23 July 2021Level - Entry Level