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Lesson1 ppt (p1)
- 16. TheThe where moneywhere money is made inis made in SingaporeSingapore ONLYONLY PLACEPLACE
- 17. Singapore’sSingapore’s first notefirst note Singapore’sSingapore’s first coinfirst coin Used in the 1800s!!!! !
- 18. Old Paper NoteOld Paper Note New Plastic NoteNew Plastic Note
- 19. • Won’t tear so easily • Harder to forge (make fake copies of) • Cleaner • Last longer
- 20. Split intoSplit into groups ofgroups of 3 – 4.3 – 4. Each groupEach group has ONEhas ONE Sheet!Sheet!
- 25. Did you getDid you get all theall the words?words? Hand outHand out ONE SheetONE Sheet to EACHto EACH student.student.
Editor's Notes
- Teacher to introduce the term “history”, relating it to “yesterday”.
- A long long long time ago (history), there were no such thing as paper notes or metal coins. People exchanged things they had for things that they need/want. These things included cows and rice.
- Example of how barter trade works.
- After some time, cowry shells were used, just like current day money, to pay for items or services.
- The first copper coins with holes were created in China. The holes were used to string the coins together to make it convenient for the user to bring these coins around. In other parts of the world, coins were made of precious metals such as silver and gold.
- Coins are heavy to bring around. China came up with the first paper money which was light and easy to use.
- Today, we see coins and paper money around.
- Rice, cows and shells are no longer used as money today.
- As we progress into the 21st century, we can use the Internet to help us pay for items. There is no need for physical money.
- We can also use NETS card or even our EZ-Link card to pay for our items, without have to take out cash (cashless).
- The Singapore Mint is the ONLY place where money is made in Singapore. The money is fake if it is made elsewhere!