For eleven years, I worked in a economics-and-finance-themed high school in the Financial District of Lower Manhattan. For some reason, in this school, one door away from the former headquarters of the American Stock Exchange, I’ve never heard students use the noun fungibility or the adjective fungible. Despite its essentiality to understanding a certain area of economics–i.e. commodities and exchange–I’ve never seen students working on material that would help them understand it.
So, a few years ago, I wrote this context clues worksheet on the adjective fungible as an attempt to start students down the road to understanding this word and the concepts it represents. However, given the complexity of fungibility, this only briefly prepares students for that understanding. In high school, that may all that students require. But I would argue that they should at least arrive at the doors of their college or university with this word in their vocabularies.
If you find typos in this document, I would appreciate a notification. And, as always, if you find this material useful in your practice, I would be grateful to hear what you think of it. I seek your peer review.