Mega 1 - Reading P.60

Mega 1 - Reading P.60

The world of Plastic

Goals

read for specific information

Multiple Choice

Whether it’s for business or for leisure, the credit

card is used to pay for goods and services from New York to Beijing.

-What is the credit card used to?

• play with money

• buy and sell goods

• call friends

It all started in 1949 when Frank McNamara scheduled business dinner in a New York restaurant.

Before he left for the dinner, Frank changed suits. When the waiter presented the check, Frank realized that he had left his wallet in the other suit.

The embarrassing situation was solved, but that night Frank asked himself: “Why should people be limited to spending what

they are carrying in cash

Multiple Choice

This event is known in the

credit card industry as the “First Supper.” Soon the

concept of “charging it” was picked up by merchants

as an alternative form of payment to the use of cash.

Choose:

The first people to use the concept of "charging it" were.....

• doctors

• businessman

• merchants

Multiple Choice

The Diner’s Club Card soon became a cultural icon.

Hollywood cashed in on the “charge-it craze” with the 1962 movie, The Man from the Diner’s Club.

• make money

• lose money

The Man from the Diner’s Club

Multiple Choice

The Diner’s Club Card soon became a cultural icon.

Hollywood cashed in on the “charge-it craze” with the 1962 movie, The Man from the Diner’s Club.

T or F:

There was a movie created in Hollywood about The diner's club and credit card

• F

• T

Multiple Select

Other famous international credit cards have

been created such as American Express, Visa, and

MasterCard. There are hundreds of local bank cards,

department store credit cards, supermarket credit

cards, and so forth around the world

Check the correct answers:

Example of international cards are........

• visa

• American express

• MasterCard

• Dinner's club

Homework