The Means of Exchange
Storyboard Text
- The bartering system is bad because the item might not me valuable.
- I would like to buy that magazine for $1.25
- I love exchanging money because its durable
- I want this candy bar for $2. I am going to use a check because they are easier to use.
- Thank you for your purchase but checks are bad because they aren't suitable for small amounts.
- Today I am paying with a card that takes money straight from my checking's account. Its called a debit card and its great!
- As a business owner I much rather have people pay with a debit card instead of a check because I can get the money immediately.
- Wow!
- An ATM is basically a portable bank that you can take money in and out with a debit card. The ATM requires a 4 digit code also known as a PIN that only you know that protects your account. Some ATMS charge you when you take money out.
- Can I have those pants for $25? I am paying with a credit card because I don't have the money right now. At the end of the month I pay an interest fee to pay them back.
- Sure
- Can I apply for a loan for this car? I have a really good credit score because I pay my bills on time.
- OK!
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