A1 English Listening Practice - Money

The video discusses the importance of money, focusing on currencies, prices, and salaries in different countries. It highlights the differences in cost of living and spending habits, emphasizing the importance of saving and planning for the future. The video also introduces investment options and the associated risks, encouraging careful money management.

What is the primary function of a currency in a country?

• To attract tourists

• To determine the country's wealth

• To facilitate buying and selling

• To serve as a national symbol

How does the value of the US dollar compare to the Mexican peso in the example given?

• The peso is more valuable than the dollar

• Both have the same value

• The value fluctuates daily

• The dollar is more valuable than the peso

What is a significant difference in the cost of living between the US and Mexico?

• The average price of a house

• The cost of public transportation

• The price of groceries

• The cost of education

Why do some people prefer saving money over spending it?

• To plan for future needs

• To impress others

• To keep up with trends

• To avoid paying taxes

What is a potential risk of investing money?

• Not being able to spend it

• Having too many investment options

• Losing the invested money

• Gaining too much wealth