Students will take a surprise trip around the world. As they travel, they will use clues to discover where they are going. They will then figure out how much money they have spent in U.S. dollars, using exchange rates.
Over time everyone has had a pocketful of pennies, it’s not something we think about very much. But what if we woke up tomorrow and found that there were no more pennies? Or what if we found that money had disappeared altogether -- not only from our pockets but from banks, stores and all the other places where we would expect to find it? While we are on the subject, just what is this thing called money? Everyone knows about money--or do they? Where did it come from? Why are a piece of paper and a metal disk money? Why not something else? Just how did this dollar or dime wind up in my pocket? This lesson will send your students on a mission to investigate the history of money. In a wrap-up activity, it will call upon the students to consider whether we should keep or toss the penny.
Agent Penn E. Pincher is again called out on a case. It seems that in 1979 the U.S. Bureau of Engraving launched a new one-dollar coin. However, most citizens haven’t seen it in several years. This case may be from the 'cold case files' – the files for cases that no one was able to solve. Agent Pincher examines what money is, how it functions, what makes something money and the advantages of using money. In the end, the students are asked to explain why the Susan B. Anthony dollar does not receive wide circulation.
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