Economics Principles and Practices, Texas Edition
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Chapter 11: Money and Banking
"The New Dollar Coin"

Introduction
You have already learned that money can be any substance that serves as a medium of exchange, a measure of value, and a store of value. Historically, many products have served as money in the United States. Although money has changed in shape, kind, and size over the years, modern money shares the same characteristics of early money. It is portable, durable, divisible, and limited in availability. Our money also tends to evolve over time. A good example is the new dollar coin that was announced by the U.S. Mint in May of 1999 and placed into circulation in 2000.

Destination Title: The U.S. Mint

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Directions
Start at the U.S. Mint Dollar Coin Web site.

  • Select "About the $" link to read information about the new dollar coin and then answer the following questions.
1. Why did the Mint create a new dollar coin to replace the Susan B. Anthony Dollar?


2. Select the "The Life of Sacagawea" Web page from the options on the page. Describe the role of Sacagawea in the Lewis and Clark expedition.


3. Select the "Frequently Asked Questions" section of the Web site. How did the Mint select Sacagawea to appear on the coin?


4. Select the "Design specifications" page. How does the new Sacagawea dollar coin compare to the old Susan B. Anthony dollar coin?



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