Personal Finance

You got it! According to most history texts, it probably wasn't until the early 1500's, in Holland, that the check first got widespread usage. Amsterdam in the sixteenth century was a major international shipping and trading center. People who had accumulated cash began depositing it with Dutch "cashiers," for a fee, as a safer alternative to keeping the money at home. Eventually the cashiers agreed to pay their depositers' debts out of the money in each account, based on the depositors' written order or "note" to do so.

Source: Infoplease.com

Nope. According to most history texts, it probably wasn't until the early 1500's, in Holland, that the check first got widespread usage. Amsterdam in the sixteenth century was a major international shipping and trading center. People who had accumulated cash began depositing it with Dutch "cashiers," for a fee, as a safer alternative to keeping the money at home. Eventually the cashiers agreed to pay their depositers' debts out of the money in each account, based on the depositors' written order or "note" to do so.

Source: Infoplease.com

Nope. According to most history texts, it probably wasn't until the early 1500's, in Holland, that the check first got widespread usage. Amsterdam in the sixteenth century was a major international shipping and trading center. People who had accumulated cash began depositing it with Dutch "cashiers," for a fee, as a safer alternative to keeping the money at home. Eventually the cashiers agreed to pay their depositers' debts out of the money in each account, based on the depositors' written order or "note" to do so.

Source: Infoplease.com

Nope. According to most history texts, it probably wasn't until the early 1500's, in Holland, that the check first got widespread usage. Amsterdam in the sixteenth century was a major international shipping and trading center. People who had accumulated cash began depositing it with Dutch "cashiers," for a fee, as a safer alternative to keeping the money at home. Eventually the cashiers agreed to pay their depositers' debts out of the money in each account, based on the depositors' written order or "note" to do so.

Source: Infoplease.com

Sorry, in the U.S. paper money is printed in Washington D.C. and Fort Worth, Texas. Coins are made at U.S. government mints in Philadelphia and Denver.

Source: YoungInvestor.com

Sorry, Fort Knox is where the gold is kept. In the U.S. paper money is printed in Washington D.C. and Fort Worth, Texas. Coins are made at U.S. government mints in Philadelphia and Denver.

Source: YoungInvestor.com

You got it! In the U.S. paper money is printed in Washington D.C. and Fort Worth, Texas. Coins are made at U.S. government mints in Philadelphia and Denver.

Source: YoungInvestor.com

Sorry, in the U.S. paper money is printed in Washington D.C. and Fort Worth, Texas. Coins are made at U.S. government mints in Philadelphia and Denver.

Source: YoungInvestor.com

You're right! Everyones favorite hardware super store has in recent years become one of the fastest growing companies in the Dow. If you'd invested $10,000 in Home Depot ten years ago you would be a multi-millionaire.

Source: YoungInvestor.com

No. Applied Materials is a company that manufactures semi-conductors. It trades on the Nasdaq stock exchange.

Source: YoungInvestor.com

No. Dell is a leading computer company. It trades on the Nasdaq stock exchange.

Source: YoungInvestor.com

No. While Nike does trade on the Dow stock exchange it is not one of the companies that currently make up the industrial average.

Source: YoungInvestor.com

No, actually the SEC stands for The Securities and Exchange Commission. The SEC is responsible for controlling the federal laws of the stock and bond markets. The SEC protects investors and makes sure that securities markets are fair and honest.

Source: YoungInvestor.com

No, actually the SEC stands for The Securities and Exchange Commission. The SEC is responsible for controlling the federal laws of the stock and bond markets. The SEC protects investors and makes sure that securities markets are fair and honest.

Source: YoungInvestor.com

You're right! The SEC is responsible for controlling the federal laws of the stock and bond markets. The SEC protects investors and makes sure that securities markets are fair and honest.

Source: YoungInvestor.com

No, actually the SEC stands for The Securities and Exchange Commission. The SEC is responsible for controlling the federal laws of the stock and bond markets. The SEC protects investors and makes sure that securities markets are fair and honest.

Source: YoungInvestor.com