Flashcards
Money Smart: Counting Coins
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Money Smart: Counting Coins — Flashcards
| Front | Back |
|---|---|
| What is money? | Something we use to buy things (like food, books, and toys) or services (like haircuts, doctor visits, and movies). |
| What is bartering? | Trading goods and services directly, without money, where each person decides if the items are of equal value. |
| Why did bartering become difficult? | It could take a lot of time, and if someone didn't want what you had to trade, it was hard to get what you needed. |
| What did people use before modern money? | Common items everyone agreed had value, such as beads, shells, metals, or gems. |
| What are U.S. bills and coins made of? | Dollar bills are made of paper, and coins are made from metal. |
| What is pictured on U.S. paper money? | Pictures of past presidents and other historical figures. |
| What do banks do with our money? | Banks keep money safe so people don't need to carry around large amounts of cash. |
| How can people access money without cash? | Using debit and ATM cards, or by purchasing things online. |
| What is a penny? | A coin that is part of U.S. currency, identified by its look, size, name, and value. |
| Name the coins studied in this lesson. | Pennies, nickels, dimes, and quarters. |
| What does "Timeline: The History of Money" show? | How currency has changed over time, from tea, spices, shells, and beads, to gems, precious metals, and coins, to money today. |
| What is the "Mixed Coins" slide used for? | Observing and identifying details about modern coins, including differences in size and imagery. |
| What is the "I Am Going on a Shopping Trip" game? | A whole-group game where students share what they would buy on a pretend shopping trip, connecting coins/bills to value. |
| What is the Play Money handout used for? | Students design their own bills and coins with art supplies, then cut them out for pretend shopping trips. |
| What does it mean to save money? | Using some of your money later instead of spending it right away. |
| What is the Story Problems: Counting Coins activity for? | Practicing identifying, counting, and using coins/cents and dollars through problem solving, like imaginary shopping. |
| What historical source can extend the money timeline for grades 1–2? | The "Story of Money" from the Federal Reserve Bank of Atlanta. |
| Why should play coins be larger than 2 inches? | To reduce the risk of choking for young students. |
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