X. Put prepositions where necessary

(see appendix – reference section)

1. ….. different periods ….. time and ….. different parts ….. the world different

commodities have served as money.

2. Later they were superseded ….. precious metals.

3. When a payment was made the metal was first weighed …...

4. The next stage was the cutting ….. the metal ….. pieces ….. definite weight.

5. Paper money first came ….. use ….. the form ….. receipts given ….. by

goldsmiths ….. exchange ….. deposits ….. silver and gold coins.

XI. Make your own sentences using the following prompts:

a)

1. to serve as smth/smb

2. glimpses of history

3. precious metal

4. to come into existence

5. to be worth face value

Sum up what the text says about:

b)

The money in the past

The way banknotes appeared

The metals of which coins were and are made

The silver coins and coppers

XII. Answer the following questions:

1. What are the requirements of a commodity to serve as money?

2. What coins are called silver?

3. What are smaller denomination coins made from?

4. Why was the metal first weighed out?

5. What are bigger denominaton coins made from?

Unit V

History of Russian money