Lesson 13
Paper Money of the Sung, Yuan, and Ming Dynasties

In this lesson, students participate in a trading activity using play paper money. They learn about the characteristics and functions of money. The students identify how the paper money in the trading activity demonstrates each of money's three functions. The students complete a reading about the adoption and abandonment of paper money in China during the Sung, Yuan, and Ming dynasties. Finally, the students work in groups to evaluate different commodities' ability to function as money using spider graphs.


  • Character
  • Characteristics of Money
  • Exchange
  • Functions of Money
  • Money

Standards in Economics and Personal Finance

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