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Virginia SOL HSS 4.6 - The student will trace the history of Virginia in the 20th century, with emphasis on the role of money, banking, saving, and credit in contemporary Virginia.
Tammy Leonard
Galax Elementary School
Task
I. You will access different web sites to answer the questions below.
II. You will compare money from the United States with money from different countries.
III. You will read about kids your own age and the ways they make money, and decide on a way for you to make money.
IV. You will design your own money V. You will learn how to fill out a check. VocabularyProcess
I. Print the following questions. To begin your search for the
answers, you will connect to KidsBank and scroll down and click on Start with Penny.
Read each page. If the answer does not appear on the page click on the forward arrow and
continue until you find the answer. (MAKE SURE TO READ EACH PAGE. THERE MAY BE OTHER
INFORMATION THAT IS NECESSARY
TO DO OTHER ACTIVITIES ON THIS WebQuest.) The questions are in order.
1. What are the two kinds of money?
2. Name each denomination of money and whose portrait is on each.
3. Who is allowed to make money?
4. What is the name of the place where coins are made?
5. What is the name of the place where paper money is made?
6. What is a savings account?
7. Why does the bank give you money for saving?
8. What are checks?
9. What does EFT mean?
10. What does ATM mean?
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II. Now it’s time to see how money from different countries compares with money in the U.S.
Let’s pretend we are planning a trip to the United Kingdom (Great Britain). We need to know how much one of our dollars is compared to pounds. Click to go to the page where you can convert United Kingdom Pounds into U.S. dollars.
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III. How can a kid make money? There are lots of different ways! Click to read about how some kids started their own business. At the Young Investors home page, scroll down to One 4 the Money. After reading one of the kid making money stories, write a one paragraph summary about the story. Now, think of a way that you could make money. Write a description of what you would do to make the money. (Include how much money you would charge a customer, and what you would do with the money that you make.)$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
IV. Can you make your own money? Sure, but it wouldn’t be usable in a store. Have you ever played "Monopoly" or do you have a play cash register with money inside? These are two examples of "play money". "Play money" is simply money that has specifically been made for kids and adults to play with. It would NOT be worth anything if you took it to a bank. If you could create your own money, what would it look like? What images and symbols would you incorporate into your design? What security features would you provide to prevent counterfeiting? (Make sure to include the amount that it is worth compared to the U.S. dollar.) Design your money on a separate sheet of paper.$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
V . How do you write checks? Easy, look at the graphic below.
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Number 1:
Name & Address: This is your name and address, and this tells the
bank you're the person making the promise.
Number 3:
Date: Write the date here. This tells the bank when you promised to pay
this money. It also helps you remember when you paid someone.
Number 4:
Pay to the Order of: Write the name of the person you are promising the
money to. This is how the bank knows who to give your money to.
Number 5:
Amount: Write how much money you are promising to pay. Write it in
numbers. Like: 30.00. Write your numbers clearly, so that the bank teller knows exactly
how much you've promised to pay.
Number 6:
Amount: Write how much money you are promising to pay. Write it in words. Like:
Thirty. This is for safety, so that no one can change the amount of money you are
promising to pay.
Number 7:
Bank Name: This is the name of the bank where you keep your money.
Number 8:
Memo: You can write anything you want to here. Use this space to make
notes about why you are promising this money. Like: Puppy Food for Checks!
Number
9:
Account Number: This number tells the bank whose money to use to pay the
check . It also tells the bank where to put your money when you make a deposit. The
account number is how the bank's computer keeps track of you and your money.
Number 10:
Signature line: Write your name here! This is the last thing you do when
you write a check, and it's the most important. Your signature here is what tells the bank
it's ok to give the money you promised.
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Advice
It is easiest to print the pages and use the print out
to guide you through answering the tasks.
When you finish tasks I-IV, you should have the
following ready to turn in:
1. Vocabulary definitions 1-10.
2. Answers to questions 1-10. (In complete sentences please!!)
3. Include under your answers 1-10 how much 1 pound in Britain is worth to the U.S.
dollar.
4. The summary of the kid money story, and your description of how you could make money.
5. Picture or example of the money you designed.
6. The check you have written to Galax Elementary School
(check will be given to you from the teacher.)
Graphics and information gathered for this site: http://www.kidsbank.com/index_2.html
