← Social Studies / 2 People and Relationships
2.4 Developments in Medium of trade
Social Studies · Grade 7 · 4 lessons in the design
What this covers
- Meaning of medium of trade
- Barter trade in Africa
- Comparison of barter trade and currency trade in Africa
- Factors that led to the introduction of money in Africa
- Impact of the introduction of money in Africa
- Appreciating the medium of trade for sustainability
What you will be able to do
- compare barter trade and the use of currency trade in Africa
- trace the factors that led to the introduction of money in Africa
- deduce the impact of the introduction of money in Africa
- appreciate the medium of trade for sustainability
Key questions
“How has money transformed trade in Africa?”
Lessons
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Barter as a medium of trade
40 min · 1 practice tasks · quizWhat a medium of trade is, and how barter worked in African communities using cattle, grain, salt, iron and cowries.
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Barter and currency compared
40 min · 1 practice tasks · quizComparing barter with currency trade in Africa, then role-playing both and critiquing fairness.
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How money came into wider use
40 min · 1 practice tasks · quizTracing factors that led to the introduction of money in Africa: distance, barter limits, tax and wage, coastal coins and a standard of value.
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Impact of money on African trade
40 min · 1 practice tasks · quizDeducing how money transformed trade in Africa, hearing a resource person, and appreciating a fair medium for sustainability.