Learn Business English with documentaries: Financial vocabulary
The Ascent of Money 1
Level C1 - Advanced, British (Scottish) English
In his documentary, Niall Ferguson looks at the history of money in an attempt to explain why it is so important in all our lives today.
This is a listening comprehension exercise to improve your listening skills and learn financial vocabulary. The questions refer to the first 10 minutes of the documentary. When doing the exercise, it is important to remember that the documentary was made in 2008.
Watch the video and choose the correct answer to the questions.
Which one of the following terms for money doesn't Niall use at the beginning of the programme?
What, according to Niall, decided wars in the past?
The bond market.
The stock markets.
In 2008, how big was the U.S stock of money compared to 2007?
What was the unit of value in the Inca Empire?
According to Niall, why was gold and silver so important to the Spanish?
It was beautiful.
There wasn't any in Europe.
It could be made into money.
According to Niall, despite all the silver, why was Spain's empire in decline?