[27 minutes]

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The Value of Money - Full Program

Series: Biz Kid$ Series

Anything can be money as long as everyone agrees. The value of that money is constant fluctuating up or down. These fluctuations in value are a result of the economic and political environment of the issuing country. An exchange rate has been established to determine the value of one country's currency against another to equalize their values. Knowing which country has the stronger exchange rate can determine the purchasing costs of available goods and services. Money is also a tradable commodity bought and sold on the financial market.

© 2013, Film Ideas

  Grade Level(s): 4 - 12
Media Type: Video
Subject: Social Studies | Personal Finance