Vocabulary
metal (silver, gold, copper, steel) discs that have value
coins
What did people do before money was invented?
They would barter or trade goods and services
$23.67
twenty three dollars and sixty seven cents
Squirrel away money
save or spend?
save
plastic card used to pay for things
credit or debit card
What currency is used in the U.K.?
British Pound Sterling
£16
sixteen pounds
fork out money
save or spend?
spend
money that you owe or have to pay to someone
debt
What are three major world currencies?
British Pound Sterling
European Euro
U.S. Dollar
Japanese Yen
€94
ninety four euro
splash out on something expensive
save or spend?
spend
put money in the bank
deposit
True or false:
Taking money out of a bank is called a deposit.Putting money into a bank is called a withdrawal.
¥966
nine hundred sixty six yuan
If you are broke, do you have a lot of money or no money?
paper and metal money (coins and bills/notes)
cash
What are two signs of a good economy?
Businesses are opening and making money
People have good high-paying jobs
People can afford things they need
The economy is growing
$1,943.50
one thousand nine hundred forty three dollars and fifty cents
If something is dirt cheap, does it cost a lot of money, or very little money?