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?

Evaluate responses using AI:

OFF

Why do people earn money?

• To throw it away.

• To buy things they need and want.

• To waste it.

What is one way kids can earn money at home?

• Doing chores.

• 
  Watching TV.

• Sleeping.

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

• Watch TV all day.

• Go to sleep.

• 
  Make a plan and ask for help from adults.

What can kids learn by earning their own money?

• 
  How to be lazy.

• 
  Responsibility and the value of hard work.

• 
  How to waste time.

What did people use to trade before money was invented?

• 
  Candy.

• 
  Barter (trading goods and services).

• 
  Rocks.

• 
  Coins.

What is a budget?

• 
  A list of toys you want to buy.

• A type of coin.

• A plan for how to spend and save money.

• 
  A piggy bank.

What is a want?

• 
  Something you must have to survive.

• 
  Something you cannot live without.

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

• Something you need to go to school.