Page 139 - Key to Social Studies 3

The value of currencies di ers

from one country to another based

on how much they buy. That led to

the existence of the exchange rate.

Although money now can be easily

kept and used, it has become easier

to steal it by thieves as well.

Today, money can be easily

stored at banks to keep it safer.

Using an automated teller machine

(ATM), or a cash machine, you can

get money from your bank account

from almost anywhere in the world.

Also nowadays, you can buy and

sell online and pay through your

bank account on the internet. That

is why it is predicted that we will

not use paper money or coins in the

future anymore.

Let’s Research!

Write a paper about your currency, answering the following questions:

• What is the name of the currency?

• When was it founded?

• What was the name of the rst bank in your country?

• How can we save money and invest it without spending too much?

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