Money Smart: Counting Coins — Quiz

Multiple Choice

1. What is money used for?
A. Only for saving in a bank
B. To buy things like food, books, and toys, or services like haircuts
C. To trade for beads and shells only
D. Only to play games with friends

2. What did people use before money existed to get the things they needed?
A. Bartering (trading goods and services directly)
B. Debit cards
C. The internet
D. Banks

3. What are U.S. dollar bills made of?
A. Metal
B. Plastic
C. Paper
D. Gems

4. What are U.S. coins made of?
A. Paper
B. Metal
C. Shells
D. Beads

5. In the past, what were some things used as money before coins and bills?
A. Debit cards and ATM cards
B. Tea, spices, shells, and beads
C. Play money handouts
D. Chart paper

6. What do banks help people do with their money?
A. Spend it all right away
B. Keep it safe so people don't need to carry large amounts of cash
C. Make it disappear
D. Turn it into shells

7. According to the lesson, what pictures are shown on U.S. paper money?
A. Animals
B. Past presidents and other historical figures
C. Coins
D. Shopping items

8. In the "I Am Going on a Shopping Trip" game, what do students practice?
A. Sorting shells
B. Sharing what they would buy on a shopping trip
C. Writing a timeline
D. Making change for a dollar

Short Answer

9. Name two examples of coins mentioned in the lesson.

10. What is "bartering"? Use an example from the lesson to explain your answer.

11. Why might banks be helpful for keeping money safe, according to the lesson?

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Answer Key

1. B
2. A
3. C
4. B
5. B
6. B
7. B
8. B
9. Any two of: penny, nickel, dime, quarter
10. Bartering is trading goods and services directly with someone else without using money — for example, trading fish for rabbits or baskets for blankets.
11. Banks keep money safe so people don't need to carry around large amounts of cash, and people can access their money using debit and ATM cards.