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What Money Is
CONCEPTUALWhat money is and why we use it; that money is exchanged for goods and services; brief history from barter to coins to digital payments
Mastery Evidence
- Explain that people use money to pay for things they need or want
- Give an example of how buying worked before money existed (swapping or bartering)
- Name at least two forms money can take (coins, notes, card, phone payment)
Assessment Prompt
“If you asked [child] why people use money instead of just swapping things, could they give you a sensible answer?”
Prerequisites0
No prerequisites — this is a foundational topic.
Unlocks6
- Needs & WantshardAges 5—7
- Jobs People DosoftAges 5—7
- Coins & NoteshardAges 5—7
- Buying ThingshardAges 5—7
- Buyers & SellerssoftAges 5—7
- Saving MoneyhardAges 5—7