DiscoverThe History of Money - for iPod/iPhone
The History of Money - for iPod/iPhone
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The History of Money - for iPod/iPhone

Author: The Open University

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Where did money come from? How did people trade before inventing money? Was it a masterstroke or madness (or both) to let banks create money?
Today money is generally accepted as payment for goods and services or repayment of debt. But governments still fret about whether there's too much (or too little) in circulation, economists can't agree on what it is, and the enduring popularity of alternative or crypto-currencies shows rumbling discontent with the official version. These 10 short animations chart the evolution of money from stones and whale teeth to modern monetary policy and banking, and takes a hard look at money's role in economic crises.

The material in this collection relates to The Open University course DD103 Investigating the social world.
11 Episodes
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Early Money

Early Money

2015-11-0501:181

Where did the need for money come from?
Metal Money

Metal Money

2015-11-0501:22

Why did we start making money out of metal?
Paper Money

Paper Money

2015-11-0501:14

The benefits of using paper money.
Controlling Money

Controlling Money

2015-11-0501:18

Complications of trying to control money.
Money and Inflation

Money and Inflation

2015-11-0501:09

What’s the connection between money and inflation?
International Money

International Money

2015-11-0501:13

How did British pounds trigger the American War of Independence?
How do banks make money?
Tackling financial meltdown
The power of money

The power of money

2015-11-0501:09

Why does the world trade in US dollars?
Future money

Future money

2015-11-0501:14

What type of money will we use in the future?
A quick over view of private and public debt