Today anyone will accept money in exchange for goods and services. People use money to buy food, furniture, books, bicycles and hundreds of others they need or want. When they work, they usually get paid in money.
Most of the money today is made of metal or paper. But people used to use all kinds of things as money. One of the first kinds of money was shells.
Shells were not the only things used as money. In China, cloth and ’knives were used. In the Philippine Islands, rice was used as money. In some parts of Africa, cattle were one of the earliest kinds of money. Other animals were used as money, too.
The first metal coins were made in China. They were round and had a square hole in the center. People strung them together and carried them from place to place.
Different countries have used different metals and designs for their money. The first coins in England were made of tin. Sweden and Russia used copper to make their money. Later, other
A. To sell a bicycle for $ 20.
B. To get some money for old books at a garage sale.
C. To buy things you need or want.
D. To get paid for your work.
Where you save your money often depends on what you are saving for. If you are saving to buy a CD.(光盘) or to go to a concert, then probably you would keep your money somewhere in your room.
If you are saving for a big purchase like a mountain bike or a school trip, where would you save your money
One place to save money is the bank. Putting your money in a savings account will help your money earn more money. If you put your money in a piggy bank (猪形储蓄罐), one year later you’ll still have the same amount of money you put in. If you put your money in a savings account, one year later, you’ll have more money than you put in. Why
When you keep your money in a bank, your money earns interest. Interest is an amount of money a bank pays you to use your money. The bank uses your money (and the money of other people, too) to loan money to people and businesses.
The bank will sen
A. in your room
B. in a piggy bank
C. in your pocket
D. in a savings account
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