History of payment

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Prof. Mariluz Maldonado Rodríguez 3 rd Secondary School Geography Observe and think Where were these photos taken? How do the people in each photo meet their needs? Which people do you consider more developed? Who would live better if money suddenly disappeared? What is economic activity? People need food, clothes, a place to live, medical attention and so on (remember the Maslow's hierarchy of needs). Economic activities are all the process used to obtein the goods and services that people need. There are three phases in the economic activity: 1. All the goods and services which are created as a result of an economic activity. 2. The process of moving goods and services from the place of production to the consumer. 3. All the goods and services that people buy to satisfy their wants and needs.

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Bilingual Education, CLIL, Geography, 3rd year of ESO

Transcript of History of payment

Page 1: History of payment

Prof. Mariluz Maldonado Rodríguez 3rd Secondary School Geography

Observe and think

Where were these photos taken?

How do the people in each photo meet their needs?

Which people do you consider more developed?

Who would live better if money suddenly disappeared?

What is economic activity?People need food, clothes, a place to live, medical attention and so on (remember the Maslow's hierarchy of needs). Economic activities are all the process used to obtein the goods and services that people need.

There are three phases in the economic activity:

1. All the goods and services which are created

as a result of an economic activity.2. The process of moving goods and

services from the place of production to the consumer.

3. All the goods and services that people buy to satisfytheir wants and needs.

Page 2: History of payment

Prof. Mariluz Maldonado Rodríguez 3rd Secondary School Geography

How did the payment system start?Throughout history, several different forms of payment have enabled people to 'buy' things.

Payments started out in a significantly more primitive state, but this brief history will give you an idea of how far our methods of payment have come.

1. Talk with your partner:

2. What are the three phases of economic activity?

3. Which form of payment are most common in Spain today? Would it be possible to use the other forms?

From your point of view,what is the best method of payment?

I think/I believe that the best method of payment is...

Why do you think/believe that?

Because...