A short but sweet introduction to the history of paper money, why we need it, the role of government in its production and regulation, and how it has evolved to the present day. Performer Leah Vandenburg's voice is upbeat and sweet (perfect for kids), while surprisingly funky music plays in the background. This is a nice little history lesson on an object we see every day, and would be useful for school projects, as well as curious kids in general. Even parents might find themselves picking up a few facts.
Learn about the history of Bank Notes with iMindsJNR audio learning series for younger minds.
When you think of money, the first image that comes into your head is probably a bank note. We all know what they look like and how you can use them. Bank notes are such a large part of our lives that it is hard to imagine how the world would work without them. That’s why it may surprise you to learn that the bank notes we know today are a relatively recent form of money.
This isn’t to say that people only recently started buying and selling with each other. People have always traded goods and services. Before bank notes, however, almost all money was made of precious metals in the form of coins. We still have coins today, and they work in much the same way they have for thousands of years.
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