Series A - Evaluation Homework

What is money?

• A kind of food.

• Something you use to buy things.

• A type of toy.

Which of these is NOT a form of money?

• Apples.

• Coins.

• Banknotes.

What are the 3 (three) main uses of money?

Why do people earn money?

• • To throw it away.

• To waste it.

• To buy things they need and want.

What is one way kids can earn money at home?

• Doing chores.

• Sleeping.

• • Watching TV.

What should kids do if they want to start a small business?

• Watch TV all day.

• Make a plan and ask for help from adults.

• Go to sleep.

What can kids learn by earning their own money?

• How to be lazy.

• How to waste time.

• Responsibility and the value of hard work.

What did people use to trade before money was invented?

• Candy.

• Rocks.

• Barter (trading goods and services).

• Coins.

What is a budget?

• A list of toys you want to buy.

• A plan for how to spend and save money.

• A type of coin.

• A piggy bank.

What is a want?

• Something you must have to survive.

• Something you would like to have, but is not necessary.

• • Something you cannot live without.

• Something you need to go to school.