Title: Economic Lowdown Audio Series—Functions of Money
Course: Indiana Economics Sample Syllabus > Section: Unit 6: Money & The Role of Financial Institutions

Money has taken many forms through the ages: shells, wheels, beads and even cows. All forms, though, have always had three things in common. Find out what in this eight-minute episode of Economic Lowdown. Students will also learn how commodity money differs from representative money and how both differ from today's fiat money.