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It’s all about
Money.
-carol
It isn’t just pieces of
PAPER.
It isn’t just a WORD.
It isn’t just a NOUN.
It may be the favorite of HUMAN.
Or it may be, what makes the WHOLE
WORLD ROUND.
What is Money?
• For Juan dela Cruz, money means
what brings food to the table.
• For Bill Gates, the wealthiest man in
the world, money can mean his
cash, assets or wealth.
• 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.
• Money is a good that acts as a medium
of exchange in transactions.
Functions of MONEY.
1. Medium of exchange.
2. Unit of account.
3. A store of value.
Trade among the
early Filipinos and
with traders from the
neighboring islands
was conducted
through barter. The
inconvenience of
barter later led to
the use of some
objects as medium of
exchange.
Three hundred years of
Spanish rule left many
indelible imprints on
Philippine numismatics.
At the end of the
Spanish
regime, Philippine
money was a
multiplicity of
currencies that included
Mexican
pesos, Alfonsino pesos
and copper coins of
other currencies.
Asserting its
independence, the
Philippine Republic of
1898 under General
Emilio Aguinaldo
issued its own coins
and paper currency
backed by the
country’s natural
resources.
The Americans
instituted a monetary
system for the
Philippine based on
gold and pegged the
Philippine peso to the
American dollar at the
ratio of 2:1. The US
Congress approved the
Coinage Act for the
Philippines in 1903.
The outbreak of World
War II caused serious
disturbances in the
Philippine monetary
system. Two kinds of
notes circulated in the
country during this
period. The Japanese
Occupation Forces
issued war notes in big
denominations.
A nation in command of
its destiny is the message
reflected in the evolution
of Philippine money
under the Philippine
Republic. Having gained
independence from the
United States following
the end of World War
II, the country used as
currency old treasury
certificates overprinted
with the word “Victory”.
THINK PINK:)))
(To God be the Glory)

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Banking

  • 2. It isn’t just pieces of PAPER.
  • 3. It isn’t just a WORD.
  • 4. It isn’t just a NOUN.
  • 5. It may be the favorite of HUMAN.
  • 6. Or it may be, what makes the WHOLE WORLD ROUND.
  • 7.
  • 8. What is Money? • For Juan dela Cruz, money means what brings food to the table. • For Bill Gates, the wealthiest man in the world, money can mean his cash, assets or wealth.
  • 9. • 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. • Money is a good that acts as a medium of exchange in transactions.
  • 11. 1. Medium of exchange. 2. Unit of account. 3. A store of value.
  • 12.
  • 13. Trade among the early Filipinos and with traders from the neighboring islands was conducted through barter. The inconvenience of barter later led to the use of some objects as medium of exchange.
  • 14. Three hundred years of Spanish rule left many indelible imprints on Philippine numismatics. At the end of the Spanish regime, Philippine money was a multiplicity of currencies that included Mexican pesos, Alfonsino pesos and copper coins of other currencies.
  • 15. Asserting its independence, the Philippine Republic of 1898 under General Emilio Aguinaldo issued its own coins and paper currency backed by the country’s natural resources.
  • 16. The Americans instituted a monetary system for the Philippine based on gold and pegged the Philippine peso to the American dollar at the ratio of 2:1. The US Congress approved the Coinage Act for the Philippines in 1903.
  • 17. The outbreak of World War II caused serious disturbances in the Philippine monetary system. Two kinds of notes circulated in the country during this period. The Japanese Occupation Forces issued war notes in big denominations.
  • 18. A nation in command of its destiny is the message reflected in the evolution of Philippine money under the Philippine Republic. Having gained independence from the United States following the end of World War II, the country used as currency old treasury certificates overprinted with the word “Victory”.
  • 19.
  • 20. THINK PINK:))) (To God be the Glory)