Money and Its Uses

Duration:

Year Published: 1962

Creator: ?Encyclopedia Britannica ebec

Complete Record: Shows how money is used in place of the exchange of goods and services. Illustrates early uses of snake skins, claws, and fishhooks for barter. Demonstrates by contrast how a pig can be traded for a horse on the farm, but cannot be traded for a dress in town. Traces a marked dollar bill given by a newsboy to a storekeeper as it passes through many hands until it is finally returned to the newsboy by a housewife. This film makes effective use of humorous dramatic situations and trick photography to illustrate the uses and value of money in the community. It points out that people may use anything for money if they think it is of value and re willing to take it in exchange for goods and services. To show how the circulation of money enables people to exchange their goods and services easily, a single dollar bill is traced through a series of simple business transactions. guarantee, system of barter, money, measure of value, convenient, paper boy, bike shop, ranchers, farm, bartering, medium of exchange, cash register, diner counter, grocery store checkout, dollar bills