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Usborne Money Reading for Beginners - How Banks Create Money

Authored by Phoebe Nguyen

English

5th Grade

CCSS covered

Usborne Money Reading for Beginners - How Banks Create Money
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which sentence is correct?

Banks lend money that they already have.

Banks create money to lend people.

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

2.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Media Image

In Jack's example, the bank created money on a (a)   to lend him.

Tags

CCSS.RI.4.7

CCSS.RI.5.7

CCSS.RI.6.7

CCSS.RL.5.7

CCSS.RL.6.7

3.

DRAG AND DROP QUESTION

1 min • 1 pt

Media Image

When Jack pays back his ​ (a)   , the bank will ​ (b)   the money that they ​ (c)   .

loan
cancel out
created
computer
cash

Tags

CCSS.RI.5.4

CCSS.RI.6.4

CCSS.RL.4.4

CCSS.RL.5.1

CCSS.RL.5.4

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

How many percent of banks' money has been created by the computer like this?

50%

70%

97%

100%

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Who created cash?

Banks

People

Governments

Printers

6.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Media Image

People worldwide has (a)   decided to take out their deposits all at once.

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

7.

DROPDOWN QUESTION

1 min • 1 pt

Media Image

A ​ (a)   happens when lots of people withdraw their deposits all at once.

bank run
bank walk
banking

Tags

CCSS.RI.11-12.10

CCSS.RI.6.10

CCSS.RI.7.10

CCSS.RI.8.10

CCSS.RI.9-10.10

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