2. Contents
debt and credits.
long ago.
how do we access our money.
countries around the world.
our notes.
what does money look like.
If I had $1000000 I would buy.
4. Long ago
Before money there was
trading or bartering. People
traded things or services of
equal value.
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5. How do we Access Money?
Money is usually stored in a bank, building
society etc. until we need it.
We can get it out through: an ATM, credit
card, debit card, internet banking, cheque
book, fill in a form at the bank, EFTPOS, loan
etc.
We can put money into a bank, building
society etc. By: deposit at the bank, internet
banking, a cheque, payments of loans etc.
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6. Different countries
have different pictures
on their money.
Different money can
be exchanged for
other money.
Currency values
change.
Why? Different
countries trade
different things so the Contents
currency changes.
7. Our notes
We have notes as in $5 dollar notes, $10 dollar notes, $20 dollar
notes, $50 dollar notes and $100 dollar notes.
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8. Contents
Coins-made of metal at a mint.
Notes-made of plastic or paper.
In most countries notes are rectangular and
coins are circular. Most money have pictures of
famous people and the value of it on them.
Coins usually have the date they were made on
them. Australian notes have a metal strip and a
hologram or clear part on them so it is hard to
counterfeit.
9. Contents
Banks don’t just store our money until we need
it. They lend it out to other people. Those
people have to pay the money back and a bit
more. The extra is called interest. The bank
pays interest to people who put money into it.
10. If I had $1000000 I would buy:
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What? How much money is it?
A 4 wheeler motorbike. $3,995
An I pad. $950.00
A Lamborghini. $280,000
A house. $500,000
An Xbox 360. $250.00
A Wii. $210.00
A pistol cross-bow. $38.00