The Adventures of Penny
with the Professor

PROFESSOR
  • The word money comes from the Latin word "moneta". Moneta was the name of the place where money was made in ancient Rome.
  • Early forms of money included beads, shells, stones and gems, and even whales teeth. Furs, cattle, tea and tobacco have also been used as money.
  • Early money was weighed, not counted. Coins, which have their value stamped on them, became popular because they allowed money to be counted.
  • As trading between countries increased, so did the use of money. It was a convenient way for people to purchase goods in large quantities.

BACKWARD HOME FORWARD

Sovereign Bank Children's Privacy Policy   |  Contact us at answers@kidsbank.com.
Copyright 2008  Sovereign Bank
All rights reserved. Call 1-877-SOV-BANK.