← Business Studies / 1 Business and Money Management
1.1 Money
Business Studies · Grade 10 · 10 lessons in the design
What you will be able to do
- explain the meaning of money
- describe the evolution of money from barter
- state and explain the characteristics of good money
- describe the functions of money in the economy
Key questions
“Why do people accept a piece of paper in exchange for real goods?”
Lessons
The titles are open to everyone. Reading a lesson needs an account — sign in or create one.
-
From barter to money
40 min · 2 practice tasks · quizWhat people did before money, why it failed, and what money had to solve.
-
What makes money work
40 min · 2 practice tasks · quizThe qualities good money needs, and the four jobs it does.
-
The Kenyan shilling as legal tender
40 min · 1 practice tasks · quizWho issues Kenyan money, which notes and coins count, and why a stall must accept a genuine shilling.
-
Security features of Kenyan notes
40 min · 1 practice tasks · quizFeel, look and tilt: how to tell a genuine Kenyan note from a fake one, and what to do if it fails.
-
Themes on Kenyan currency
40 min · 1 practice tasks · quizWhat the 2019 notes chose to show, why portraits left the money, and how a theme helps you know the series.
-
Why people demand money
40 min · 2 practice tasks · quizDemand for money is the wish to hold shillings for daily trade, and why that holding is required for development.
-
Precautionary and speculative demand
40 min · 1 practice tasks · quizHolding money for shocks, and holding it while you wait for a better use - and when each helps or hurts development.
-
What determines the supply of money
40 min · 1 practice tasks · quizCBK issues the notes; banks, mobile money, foreign inflows and government spending change how much money people can actually use.
-
Ethical use of money
40 min · 1 practice tasks · quizHonest change, genuine notes, tax, no bribes: the practices that keep Kenyan transactions trusted.
-
Money in daily Kenyan life
40 min · 1 practice tasks · quizHow cash and M-Pesa actually run a household, a stall and a school week, and why both still matter.