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Illustration of Money

Money

Money is a medium of exchange, a unit of account…

Reads at Pre-K Listens at Pre-K–1

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28 worksheets · answer keys · full story · quiz · Ages 3-5 · CEFR A1

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Just want Money?

The story

I Am Money

Do you have a favorite toy. What if your friend has a toy that you really want to play with. You could trade your toy for their toy. That is what I help people do. A long time ago, I wasn't a coin or a paper bill. I was a pretty, swirly seashell found on the beach. Sometimes I was a smooth, gray stone that felt nice in your hand. People would trade me for things they needed. I have a special name. I am Money.

It was hard to trade big things. Imagine trying to trade a giant pile of yellow bananas for a new pair of shoes. That is very tricky. So people decided to use special items that everyone agreed were important. A long, long, long time ago, around 1200 BCE, people in a place called China used pretty cowrie shells. They were small and easy to carry. Then, things changed. In a faraway kingdom called Lydia, way back around 600 BCE, people made the very first shiny metal coins. They would go jingle-jangle in your pocket. This made buying and selling things much easier for everyone.

Today, you can see me everywhere. I can be a shiny, round coin you put in your piggy bank. I can be a piece of colorful paper with pictures on it. Sometimes, I am just a number you see on a bright screen. But I still do the same important job. I help families buy yummy food to eat at the dinner table. I help them buy fun toys to play with and cozy homes to live in. I am a helper. I help people share and care for each other, making the world a nice place to be.

Wow facts

About

Money is a medium of exchange, a unit of account, and a store of value that helps with trade and shows the value of goods and services in an economy.

First use of commodity money 9000 BCE
First metal money developed 1000 BCE
First official coins minted 600 BCE
First use of paper money 618 CE - 907 CE (circa)

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Money
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