ЗОВНІШНЄ НЕЗАЛЕЖНЕ ОЦІНЮВАННЯ З АНГЛІЙСЬКОЇ МОВИ

WRITING
GAP - FILL EXERCISE

Read the text and use the word given in capitals to form a word that fits in the gap. Fill in all the gaps, then press "Check" to check your answers. Use the "Hint" button to get a free letter if an answer is giving you trouble. Note that you will lose points if you ask for hints!
Credit was ONE used in Assyria, Babylon and Egypt 3000 years ago. The bill of exchange - the forerunner of banknotes - ESTABLISHE in the 14th century. Debts were settled by one-third cash and two-thirds bill of exchange. Paper money followed only in the 17th century.
The first ADVERTISE for credit was placed in 1730 by Christopher Thornton, who offered furniture that could be paid off . WEEK
From the 18th century until the early part of the 20th, tallymen sold clothes in return for small weekly payments. They were called "tallymen" because they kept a record or tally of what people BUY on a WOOD stick. One side of the stick was marked with notches to represent the amount of debt and the other side was a record of payments. In the 1920s, a shopper's plate - a "buy now, pay later" system - was introduced in the USA. It could only be used in the shops which issued it.
In 1950, Diners Club and American Express launched THEY charge cards in the USA, ONE "plastic money". In 1951, Diners Club issued the first credit card to 200 customers who could use it at 27 restaurants in New York. But it was only until the ESTABLISHE of standards for the magnetic strip in 1970 that the credit card became part of the INFORM age.
The first use of magnetic stripes on cards was in the early 1960's, when the London Transit Authority installed a magnetic stripe system. San Francisco Bay Area Rapid Transit installed a paper BASE ticket the same size as the credit cards in the late 1960's.
The word credit comes from Latin, MEAN "trust".
Cheques (checks) came into use in 1875.