The History of Money - for iPod/iPhone

The History of Money - for iPod/iPhone

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.

Early Money

Where did the need for money come from?

11-05
01:18

Metal Money

Why did we start making money out of metal?

11-05
01:22

Paper Money

The benefits of using paper money.

11-05
01:14

Controlling Money

Complications of trying to control money.

11-05
01:18

Money and Inflation

What’s the connection between money and inflation?

11-05
01:09

International Money

How did British pounds trigger the American War of Independence?

11-05
01:13

Money and building banks

How do banks make money?

11-05
01:23

Money and saving the banks

Tackling financial meltdown

11-05
01:20

The power of money

Why does the world trade in US dollars?

11-05
01:09

Future money

What type of money will we use in the future?

11-05
01:14

Understanding Debt in 2 minutes

A quick over view of private and public debt

11-05
02:26

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