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Money and the World of Work: Session 1. CURRENCY.

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Presentation on theme: "Money and the World of Work: Session 1. CURRENCY."— Presentation transcript:

1 Money and the World of Work: Session 1

2 CURRENCY

3 Pounds and Pence Each letter of the alphabet has a value. How much is your name worth? ABCDEFGHIJ 1p2p5p10p20p50p£1£2£5£10 KLMNOPQRST £201p25p10p20p50p£1£2£5 UVWYZ £10£2013p1p2p

4 Pounds and Pence Each letter of the alphabet has a value. How much is your name worth? ABCDEFGHIJ 11p2p25p99p15p£0.50£1.03£235p£8.75 KLMNOPQRST £0.6116p£ p£2.70p90p50p£0.0530p63p UVWYZ 27p£1513p118p2p

5 Needs and Wants Get into pairs or small teams and start to sort a number of the property cards into two piles; Needs and Wants. Extension: put the cards in order according to price and estimate how much each one is worth. What would you choose to buy if you only had £5?

6 What would you do? There is a new computer game out on Monday; it costs £40 and you desperately want it. You only have £30 though, and your brother offers to lend you £10 if you pay him back £15 next week; once youve been given pocket money by your parents.

7 What would you do? Each team will be given 3 to 4 problem cards. With your team leader or volunteer, have a discussion to find a solution for each problem. Choose a spokesperson for your team to report back on your ideas.

8 Summary People all around the world use different currencies to buy and sell things. We have to make informed choices about the way we spend our money. Next time we will look at how Money works in the world of work!


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