Goldie’s trading day (ages 4+)

Learning objectives

  • Say what money is used for
  • Tell a story about trading
  • Name coins, bills and cards as ways to pay

Explanation

From barter to moneyBarterapples ↔ shoesCommodity moneyshells, salt, metalTodaycoins, notes, digitalMoney solves the “I want what you have, but you don’t want what I have” problem.

Goldie had a shiny ball. Goldie wanted a snack. Pip had a snack, but Pip did not want a ball. Oh no!

So people made money. Money is something everyone agrees to take. Now Goldie can pay for the snack with money. Then Pip can use that money to buy what Pip wants.

Money can be coins. Money can be paper bills. Grown-ups also pay with cards and phones. That money is kept safe in a bank.

Everyday example

At the store, you give the cashier money and you get an apple. The store uses that money to buy more apples. Money keeps going around and around!

Words to know

Money
something everyone agrees to use to buy things
Trade
giving one thing to get another
Coin
round metal money
Bill
paper money

Interactive activity: Match the word to the picture

Quiz

Get at least 2 of 3 right to pass and complete this mission.

Summary

  • Money helps people trade
  • Everyone agrees to use money
  • Coins, bills and cards are ways to pay

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