Instructional Video

Khan Academy: Commodity Money vs. Fiat Money

Curated by ACT

This video [8:18] is a brief look at how money has evolved over time from being printed on valuable substances (commodity money), to merely representing those valuable substances (commodity-backed money), to not representing anything at all (fiat money).

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history of money, commodity money vs. fiat money, khan academy, khan academy: commodity money vs. fiat money, commodity-backed money, representing valuable substances, fiat money, not representing anything, commodity money, standards
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Resource Details
Grade
9th - 10th
Subjects
Social Studies & History
2 more...
Resource Type
Instructional Videos
Audiences
For Administrator Use
2 more...