USBORNE FOR BEGINNERS - How money moves

What is known as an exchange or transaction?

• When money moves from one person to another.

• When we pay for something in cash.

• When we do homework for our friends.

• When we help the poor by giving them food.

How many main ways does money move from one person to another?

• 5

• 6

• 7

• 8

Which is NOT a way how money moves?

• Earning

• Spending

• Printing

• Taxation

People ​ (a)   money they earn on things they need.

• spend
• earn
• invest
• steal

What do people NEED?

• Food

• Electricity

• New clothes

• Books

Why do we have to give the government a part of our money?

• to buy food

• to help pay for public services

• to help the poor

​ (a)   are considered public services.

• Schools and hospitals
• Circuses and funfairs
• Carparks

The money we pay for public services is known as

Reorder the following

• is

• Giving money

• known as

• donating.

• to a cause

What is a good way to donate money?

• Building school for poor kids

• buying KPOP concert tickets

• protecting coral reefs again pollution

• paying for basic needs