Example:
Buying a snack at a store is a transaction.
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Judgement
The ability to make good decisions or opinions.
Example:
The movie is essentially about friendship.
Example:
The teacher praised her student’s good judgement in choosing a project.
Signify
To mean or show something.
Transactions
Exchanges where people buy, sell, or trade something.
Example:
The bearer of a ticket is the person who has it and can use it.
Convenience
Something that makes life easier or quicker.
Sumer
One of the world’s first civilizations, located in what is now southern Iraq. Region of Ancient Mesopotamia
Example:
A book is tangible- an idea is not.
Example:
Sumer had some of the earliest cities and writing systems.
Payment
Money or something of value given in return for goods or services.
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Example:
In ancient times, people paid with cowrie shells instead of coins.
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Example:
After eating at the restaurant, the waiter gave us the bill.
Example:
Loud noises can trigger a dog to bark.
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How do you usually pay for small items like snacks or drinks?
👉 Why do you prefer that method?
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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?
Have you ever received change in coins that you didn’t like carrying?
👉 How did you handle the situation?
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Essentially
Basically or most importantly.
Example:
A red light can signify “stop” on the road.
Example:
You make a payment when you buy a ticket.
Bearer
A person who carries or holds something.
Trigger
To cause something to start or happen.
When you travel, do you prefer to carry local cash or rely on cards?
👉 Why do you make that choice?
Do you think online shopping has changed the way people pay for things?
👉 How has it changed your habits, if at all?
Cowrie Shells
Small sea shells that were once used as money in many parts of the world.
Example:
Turning art into items to sell is a way to commodify it.
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Do you think contactless payments are safer or riskier than traditional methods?
👉 Why do you feel that way?
Example:
She used her credit card to buy a new jacket online.
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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?
Example:
A bank underwrites (guarantees) a loan.
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Bill 💵
👉 A piece of paper that shows how much money you must pay for something (like at a restaurant or for electricity).
NEW
VOCABULARY
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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?
New
Vocabulary
Commodify
To turn something into a product that can be bought or sold.
Stable
Not likely to change or fall apart- steady and secure.
Policy
A plan of action or set of rules made by a person, company, or government.
Example:
Having a store nearby is a convenience.
Credit Card 💳
👉 A plastic card from a bank that lets you buy things now and pay for them later.
Tangible
Something you can touch or physically feel.
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How do advertisements or promotions influence your decision on how to pay?
👉 Can you give an example?
Example:
A stable bridge is safe to cross.
Example:
The school has a policy about wearing uniforms.
Underwrites
Promises to support or guarantee something, especially financially.
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