Understanding Currency

Grade levels:

CONTENT STATEMENT

Currency is used as a means of economic exchange.

CONTENT ELABORATION

People obtain goods and services by exchanging them for money (currency). Currency is the money in circulation in any country.
Economic exchange refers to an economic transaction where goods or services are transferred from the provider for a return of relative value.

EXPECTATIONS FOR LEARNING

Demonstrate the use of currency in an economic exchange by making a real or pretend transaction.

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