Value

Lead-in

  • What is the currency used in Brazil, and how does its value compare to the US dollar?
  • How does your culture view money and its importance?
  • What are some countries’ currencies you can think of right now?

Presentation 1

Pre

  • Is the following information new to you?

“The word ‘money’ comes from the Latin word ‘moneta’, which was a title given to the goddess Juno, who was worshiped as a protector of funds.”

  • What curiosity about money do you know?

 

Top Down

  • Watch the video and choose the correct option.
  • A one-hundred-dollar bill lasts about 7 years.
  • A one-dollar bill lasts about 6 years.
  • Coins can last for 30 years maximum.
  • A one-hundred-dollar bill lasts about 7 years.
  • A one-dollar bill lasts about 6 years.
  • Coins can last for 30 years maximum.

Bottom Up

  • Fill in the gaps as you watch the video again.

Example:  And that’s a wrap on _______ video. > And that’s a wrap on our video.

  1. From the life span of paper _______ to the most expensive coin ever sold, get ready to learn something new and exciting about the _______ we use every day. 
  2. _______ that are frequently _______, folded, or crumpled may not last as long as _______ that are handled gently.
  3. Another theory is that the symbol is a stylized version of the _______ U and S.
  4. These early _______ notes were used as a substitute for _______, which were heavy and difficult to transport.
  5. In 2002 one of these _______ was sold at auction for 7.6 million dollars.
  1. From the life span of paper money to the most expensive coin ever sold, get ready to learn something new and exciting about the currency we use every day. 
  2. Bills that are frequently exchanged, folded, or crumpled may not last as long as bills that are handled gently.
  3. Another theory is that the symbol is a stylized version of the letters U and S.
  4. These early paper notes were used as a substitute for coins, which were heavy and difficult to transport.
  5. In 2002 one of these coins was sold at auction for 7.6 million dollars.

Post

  • Did you already know these facts? If so, which one?
  • Which fact is the most interesting one? Why?

Presentation 2

Pre

  • What are the forms of money?
  • Which ones have you already used?
  • Rate the following forms of money from 1 (I always use it) to 5 (I never use it).

Top Down

  • What makes a dollar bill valuable? Watch the video and check the correct option.
  1. How many of them are around.
  2. The material in which it is made.
  3. The people who created it.
  1. How many of them are around.
  2. The material in which it is made.
  3. The people who created it.

Bottom Up

  • Complete the blank spaces.

Example: How much that paper in your wallet is _______? > How much that paper in your wallet is worth?

  1. If you try to _______ for something with a piece of paper, you might run into some trouble. 
  2. But after the US abolished this system in 1971, the _______ became what is known as fiat _______.
  3. Its board of governors which is appointed by the _______ and confirmed by the Senate, reports to Congress, and all of the Fed’s profit goes into the US Treasury.
  4. If the _______ supply remains the same, while more goods and _______ are produced, each dollar’s _______ would increase in a process known as deflation.
  5. So most economists believe that while too much of either is _______, a small, consistent amount of inflation is necessary to encourage _______ growth.
  1. If you try to pay for something with a piece of paper, you might run into some trouble. 
  2. But after the US abolished this system in 1971, the dollar became what is known as fiat money.
  3. Its board of governors which is appointed by the president and confirmed by the Senate, reports to Congress, and all of the Fed’s profit goes into the US Treasury.
  4. If the money supply remains the same, while more goods and services are produced, each dollar’s value would increase in a process known as deflation.
  5. So most economists believe that while too much of either is dangerous, a small, consistent amount of inflation is necessary to encourage economic growth.

Post

  • After watching the video, how would you summarize it?
  • What information shown in the video is new to you?