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单击此处编辑母版标题样式,单击此处编辑母版文本样式,第二级,第三级,第四级,第五级,2013-6-2,#,Unit 1Money,Warm-up Activities,Background Information,Text Analysis,Extended Activities,Writing,Content,Warm-up Activities,I.Pair works,What do you know about money?Think about its value and talk with your partner.,II.Group work,Different items have been used as money at some time in history.Work in small groups,discussing how each of them was used in history or is still being used today.,III,Think about and then make a list of all the different currencies you know in the world today,for example,yuan,dollar,pound,Background Information,Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given socio-economic context or country.,Functions of money,Medium of exchange,Unit of account,Store of value,Standard of deferred payment,Measure of value,Types of money,Commodity money,Representative money,Fiat money,Coinage,Paper money,Commercial bank money,Digital money,Money is historically an emergent market phenomenon establishing a commodity money,but nearly all contemporary money systems are based on fiat money.,F,iat money,like any check or note of debt,is without intrinsic use value as a physical commodity.It derives its value by being declared by a government to be legal tender;that is,it must be accepted as a form of payment within the boundaries of the country,for all debts,public and private.Such laws in practice cause fiat money to acquire the value of any of the goods and services that it may be traded for within the nation that issues it.,The word“money is believed to originate from a temple of Hera,located on Capitoline,one of Romes seven hills.In the ancient world Hera was often associated with money.The temple of Juno Moneta at Rome was the place where the mint of Ancient Rome was located.The name Juno may derive from the Etruscan goddess Uni(which means the one,unique,unit,union,united)and Moneta either from the Latin word monere(remind,warn,or instruct)or the Greek word moneres(alone,unique).,In the Western world,a prevalent term for coin-money has been specie,stemming from Latin in specie,meaning in kind.,M,oney Supply,The money supply of a country consists of currency(banknotes and coins)and bank money(the balance held in checking accounts and savings accounts).Bank money,which consists only of records(mostly computerized in modern banking),forms by far the largest part of the money supply in developed nations.,Currency,A currency is a unit of exchange and hence a kind of money and medium of exchange.Currency includes paper,cotton,or polymer banknotes and metal coins.Countries generally have a monopoly on the issuing of currency,although some countries share currencies with other countries.Today,currencies are the dominant means of exchange.Different countries may use the same term to refer to their respective currencies,even though the currencies may have little else to do with each other.A place that is technically part of another country sometimes uses a different currency from that of the parent country.,List of circulating currencies by country or territory,Australia Australian dollar$AUD,Canada Canadian dollar$CAD,France Euro EUR,Germany Euro EUR,Italy Euro EUR,Japan Japanese yen JPY,Korea,South South Korean won KRW,China,Peoples Republic of Chinese yuan or 元 CNY,Norway Norwegian krone kr NOK,Russia Russian ruble,.,RUB,United Kingdom British pound,GBP Penny,United States United States dollar$USD Cent,Notes of Text,base metal:a metal that is common and not considered precious;lead,iron,copper,tin,and zinc are base metals 根本金属,representative money:any type of money that has face value greater than its value as material substance.Used in this sense,fiat money is a type of representative money 代用货币,fiat money:state-issued money which is neither legally convertible to any other thing,nor fixed in value in terms of any objective standard,but,can be used as a medium of exchange to buy all other items in the economy.法定货币,Text Analysis,1.From the beginning of humankind,the system of barter or exchange,has been used to buy goods.Personal items of value such as crops or animals were exchanged for goods or services wanted.,在人类开展的初期，以物易物的体制用于购置物品。诸如谷物，动物这些有价值的个人物品，已被用来交换想要的商品或效劳。,barter,1.V-T/V-I If you barter goods,you exchange them for other goods,rather than selling them for money.以物交换;以物易物,例：They have been bartering wheat for cotton and timber.,他们一直在用小麦交换棉花和木材。,2.N-UNCOUNT Barter is also a noun.物物交换,例：Overall,barter is a very inefficient means of organizing transactions.,总的说来，物物交换是一种非常低效的组织交易的方式。,Phrase:,barter trade 易货贸易，实物交易,barter away 经吃亏廉卖；拿作交易,be used to,get adapted to,be accustomed to,习惯于,例：,But the technique I,used to,memorize those chapters can,be used to,memorize anything.,但是我用来记住那些章节的技巧可以用来记住任何事情,.,例：,Some memory has,to be used to,keep track of all those reverse mappings.,不得不用一些内存来保持对所有那些反向映射的追踪,Phrase,be not used to,我不习惯,get used to,习惯于；过去惯于,be well used to do,被好好地用来做,b,e u
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