Maharashtra Board Class 5 English Balbharti Unit Four Chapter 28 All about Money PDF Download

All About Money

We all need money to buy things and to pay people who work for us.

But what is 'money'?

Who invented 'money'?

Today, we see money in the form of coins and notes.

Currency: Cash Money

Coins:

A fifty-paise coin

A one-rupee coin

A five-rupee coin

A ten-rupee coin

Notes:

A five-rupee note

Twenty rupees

A ten-rupee note

Fifty rupees

A hundred-rupee note

Five hundred rupees

A thousand-rupee note

These are the coins and notes we use in India. But different countries use different coins and notes. Their money is known by different names.

Teacher's Note

When you go to a shop with your parents, you see that they use rupees to buy things. Money helps us get what we need.

Exam Trick

Remember: Indian money is called rupees. We use coins and notes. Write the names of coins and notes carefully in your exam.

Points to Remember

Money is used to buy things and pay workers.
India uses coins and notes as currency.
Different countries use different money names.
Coins have different values like 1 rupee, 5 rupees.
Notes also have different values like 10 rupees, 100 rupees.

In the United States, they use dollars.

In England, they use pounds.

But long, long ago, people did not use coins and notes. They exchanged one thing for another. This was known as 'barter'.

It may seem unbelievable, but long ago people even used special stones as money! Imagine how difficult it must have been to carry this money!

People also used bricks of salt, shells and cowries as money in the past.

They gave grain, farm produce, cattle, goats, chickens, etc. in return for things like clothes, tools and implements or as wages.

Then they began to use bits of precious metals like gold, silver and copper as money. It was easier to carry this money around.

Paper money was first used in China about 1000 years ago.

Paper money or notes have no value of their own, but a note is a 'promise' to give that much money.

These notes are printed by the government. No one else is allowed to print notes.

You must use your money carefully. You should not write on the notes or tear or crumple the notes, or damage them in any way.

You should also be careful when you spend money. People have to work hard to earn money!

Teacher's Note

Long ago, in India, farmers traded rice and wheat instead of using money. Today we use paper notes and coins which are easier to carry and use.

Exam Trick

Remember: Barter = exchange without money. Paper money started in China. This is easy to remember!

Points to Remember

Long ago, people used barter to exchange things.
Stones, salt, shells and cowries were used as old money.
Gold, silver and copper were used as precious metal money.
Paper money started in China 1000 years ago.
We must take care of notes and not tear or damage them.

Things To Do

1. Write a short note on 'money'.

2. Look at the diagram on page 68. It is called a tree diagram because it has 'branches'. Now read the following and draw a tree diagram to show this information.

Things in our surroundings form two groups – living things and non-living things. Living things are of two kinds, plants and animals. There are two types of plants – flowering plants and non-flowering plants. If we consider animals, we see that some animals lay eggs. They are oviparous animals. Some animals give birth to their young ones. They are viviparous animals.

Find more topics from your Environmental Studies or Mathematics textbooks for drawing tree diagrams. Draw and label the diagrams.

3. Make meaningful sentences from the following table.

Now try joining the sentences in the two columns using (1) and, (2) because.

4. Ask your parents or other grown ups to show you some used notes. Observe them carefully. Have they been used properly? Write your observations.

5. Write an autobiography of a thousand-rupee note. (8-10 lines.)

Teacher's Note

Ask your children to think about how money is used in their homes every day. This helps them understand the value of money.

Exam Trick

Remember: Activity questions are easy marks! Do them with care and write neat answers. Your teacher will give you full marks.

Points to Remember

Write short notes clearly and use simple words.
Tree diagrams show how things are divided into groups.
Use 'and' and 'because' to join sentences properly.
Observe how people use money in daily life.
Writing about a note as a story helps you remember money facts.

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