Выпишите ключевые слова и словосочетания.

1 абзац: buying and selling, goods, measuring value, storing wealth; money economy, barter, direct exchange, practical system of exchange, money system; every society now, primitive society, precious metals, coins (portable, durable, divisible etc.).

2 абзац: coin, materials (gold, silver, copper etc.), gold as a symbol, gold as a magic substance.

3 абзац: classify, commodity money (valuable, useful in…), fiat money (useless except when treated as money), pieces of paper based on faith.

4 абзац: paper money (easier to handle etc.), notes, credit cards, cheques (more convenient, being used increasingly), imagine, money, no longer.

Передайте содержание каждого абзаца 1-3 предложениями.

1 абзац:

1. Money is an inherent part of our life as it is used for buying and selling goods, for measuring value and for storing wealth.

2. From barter exchange system used in primitive societies, people passed to money system of exchange as it was more convenient.

3. Different objects served as money but precious metals were more convenient due to the qualities they possessed.

2 абзац:

1. People began to use coins which were made of different materials.

2. Gold proved to be the most popular material as it had particular qualities and people valued it very much.

3 абзац:

1. A lot of items were used as money, i.e. as a means of exchange, but all of them can be classified as commodity money and fiat money.

2. Commodity money is valuable by itself, not only as a means of exchange.

3. Fiat money is useless if it is not treated as money and its use is based on faith.

4 абзац:

1. In modern societies notes or paper currency is used which in fact is fiat money, because it’s more convenient.

2. Cheques, bankers’ cards, and credit cards (cashless means of payment) are being used more and more often and possibly in future money in the form of coins and paper currency will no longer be used.

Cоставьте план, расположив его пункты в логической последовательности.

1. Functions of money.

2. Development of exchange system (reasons).

3. First “money” and introduction of coins.

4. Materials and reasons to choose gold as the most suitable one.

5. Classification of money and definition of each class.

6. Money in modern societies and in future.

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