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Money and Trade Questions- Ms JOY
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Understanding these roles helps you
follow the logic and purpose of the text more clearly.
Each sentence in a paragraph serves a specific role —
to define, classify, quote, report, show cause/effect, state a condition, or name something.
In short:
Example:
“The first universal credit card was the Diners Club card.”
Naming:
→ This sentence simply identifies or names something.
Example:
“If you heat gold, it melts easily, making it ideal for creating coins.”
Condition:
→ This sentence shows a “if–then” situation, explaining what happens under certain conditions.
Example:
“Today’s money has value because a government says that it does.”
Cause–Effect:
→ This sentence explains a reason or result (why something happens).
Example:
“According to archeologists, the first money was Sumerian tokens.”
Reporting:
→ This sentence shares information from a source or expert.
Example:
“As economist Maynard Keynes said, ‘Ideas shape the course of history.’”
Quoting:
→ This sentence uses someone’s exact words to support a point.
Example:
“There are two types of money: commodity and fiat.”
Classifying:
→ This sentence divides things into groups or categories.
Example:
“Sumerian tokens were an early form of money.”
Defining:
→ This sentence gives a definition. It tells what something is.
Here are the
examples and their meanings:
This reading skill helps you figure out why a sentence is written — what its purpose or function is in the text.
Knowing this helps you understand how information is organized and how ideas connect.
TOPIC
“Understanding the Function of Sentences.”
Your Turn
great job
Example:
The school has a policy about wearing uniforms.
Policy
A plan of action or set of rules made by a person, company, or government.
Your Turn
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Example:
Loud noises can trigger a dog to bark.
Trigger
To cause something to start or happen.
Your Turn
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Example:
The teacher praised her student’s good judgement in choosing a project.
Judgement
The ability to make good decisions or opinions.
Your Turn
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Example:
A stable bridge is safe to cross.
Stable
Not likely to change or fall apart- steady and secure.
Your Turn
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Example:
The movie is essentially about friendship.
Essentially
Basically or most importantly.
Your Turn
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Example:
The bearer of a ticket is the person who has it and can use it.
Bearer
A person who carries or holds something.
Your Turn
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Example:
A bank underwrites (guarantees) a loan.
Underwrites
Promises to support or guarantee something, especially financially.
Your Turn
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Example:
Having a store nearby is a convenience.
Convenience
Something that makes life easier or quicker.
Your Turn
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Example:
In ancient times, people paid with cowrie shells instead of coins.
Cowrie Shells
Small sea shells that were once used as money in many parts of the world.
Your Turn
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Example:
A book is tangible- an idea is not.
Tangible
Something you can touch or physically feel.
Your Turn
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Example:
Sumer had some of the earliest cities and writing systems.
Sumer
One of the world’s first civilizations, located in what is now southern Iraq. Region of Ancient Mesopotamia
Your Turn
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Example:
Turning art into items to sell is a way to commodify it.
Commodify
To turn something into a product that can be bought or sold.
Your Turn
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Example:
You make a payment when you buy a ticket.
Payment
Money or something of value given in return for goods or services.
Your Turn
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Example:
Buying a snack at a store is a transaction.
Transactions
Exchanges where people buy, sell, or trade something.
Your Turn
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Example:
A red light can signify “stop” on the road.
Signify
To mean or show something.
NEW
VOCABULARY
Your Turn
Good Job
Example:
Because of inflation, the same basket of food costs more this year than last year.
Inflation 📈
👉 When the prices of goods and services go up, and money buys less than before.
Your Turn
Good Job
Example:
At the airport, we went to a foreign exchange counter to change pesos into dollars.
Foreign Exchange 🌍💱
👉 Changing money from one country into the money of another country.
Your Turn
Good Job
Example:
She used her credit card to buy a new jacket online.
Credit Card 💳
👉 A plastic card from a bank that lets you buy things now and pay for them later.
Your Turn
Good Job
Example:
After eating at the restaurant, the waiter gave us the bill.
Bill 💵
👉 A piece of paper that shows how much money you must pay for something (like at a restaurant or for electricity).
New
Vocabulary
If you could design a new way of paying for things in the future, what would it be like?
👉 How would it make life easier for people?
How do advertisements or promotions influence your decision on how to pay?
👉 Can you give an example?
Do you think contactless payments are safer or riskier than traditional methods?
👉 Why do you feel that way?
Can you remember a time when you couldn’t pay because you didn’t have the right payment method?
👉 How did you solve the problem?
In your opinion, is it better to budget money with cash envelopes or by tracking card expenses?
👉 Why do you think that method works better?
Have you ever used a gift card or store voucher?
👉 How did you feel about using it?
Do you think online shopping has changed the way people pay for things?
👉 How has it changed your habits, if at all?
Have you ever received change in coins that you didn’t like carrying?
👉 How did you handle the situation?
When you travel, do you prefer to carry local cash or rely on cards?
👉 Why do you make that choice?
How do you usually pay for small items like snacks or drinks?
👉 Why do you prefer that method?