Topic 1.2 Keep the money rolling in - 2

• Economie
• Middelbare school
• havo
• Leerjaar 2

Topic 1

Keep the money rolling in - 1

Agenda

• Discuss the homework
• Explanation Topic 1.2
• Get to work!

Discuss the Homework

Topic 1.1 Keep the money rolling in  - 1

Learning Goals

What is the European Central Bank ? And what are its tasks?

What is de Nederlansche Bank ? And what are its tasks?

How can we recognise money through the ages ?

The European Central Bank

The one in charge of the Euro 

ECB wants the Euro to be a good currency: pay safely and the value must remain the same

De Nederlandsche Bank

The National Bank of the Netherlands is the central bank in our country ->

Bank of the banks

Three tasks: 

1. Taking care of euro banknotes

2. Supervising

3. Price stability

When can something be used as money?

1.  Need to be rare
2. Last a long time
3. Easy to count
4. Easy to carry

Banknotes

Banknotes of the Euro look the same in all countries

Printed > De Nederlandsche Bank > Commercial Banks > Consumers > Stores > Commercial Banks

For the safety every banknote has a number of features in all banknotes

Interest

Interest is the price for borrowing or lending money

  

As a reward for lending money, we receive interest

We pay interest as compensation for borrowing money

What are the five characteristics of money?

Money can be seen as an object with value

1. True
2. False

There are three functions of money: saving, exchanging and paying

1. True
2. False

One advantage of the Euro is that we can now order online more easily

1. True
2. False
3. It has nothing to do with it

How many banknotes are there?

There are 7 banknotes in the European Union

Get to work!

10 minutes on your own in silence

Do tasks from: Keep the money rolling in - 2

Questions? Raise your hand or come to the desk

Done? Work on another subject