Unit 4 – money and bussiness MONEY IS ANY OBJECT THAT HAS A VALUE. WE USE IT TO: BUY SOMETHING SELL PRODUCTS AND SERVICES. NOWADAYS WE USE PAPER AND COINS, BUT, IN THE PAST, PEOPLE USED ANIMALS, GRAIN OR SHELLS FOR THE EXCHANGE. PEOPLE STARTED TO USE METAL AS MONEY BECAUSE ANIMALS CAN DIE AND SHELLS CAN BE BROKEN. REMEMBER: TEMPLE OF MONETA. FIRST COINS CHINA. FIRST PAPER NOTES.

HOW CAN SE SAVE MONEY? SAVING ACCOUNT- PEOPLE PUT THE MONEY INTO THE ACCOUNT , AND THE BANK PAYS INTEREST. INVESTING MONEY- PEOPLE INVEST ON SHARES( BUSSINESS), OR ON BONDS( GOVERNMENT) MONEY BOX- IS A BOX WHERE YOU PUT MONEY INTO WHENEVER YOU WANT.

HOW DO WE SPEND MONEY? HIGH ORDER PRODUCTS- THESE ARE PRODUCTS THAT HAVE A HIGH PRICE( CARS, HOUSES, CARAVANS) LOW ORDER PRODUCTS- PRODUCTS THAT WE CAN BUY EVERY DAY , BECAUSE HAVE GOT A LOW PRICE( MILK, BREAD, EGGS, APPLES) WHERE DO WE SPEND MONEY? SHOPPING CENTRES( HYPERMARKETS, SUPERMARKETS) WE CAN BUY LOW AND HIGH ORDER PRODUCTS. TOWN CENTRES- ( SPECIALIST SHOPS)- WE CAN BUY HIGH ORDER PRODUCTS THE INTERNET- WE CAN BUY LOW AND HIGH ORDER PRODUCTS ONLINE

WHAT IS A BUDGET? A BUDGET IS THE AMOUNT OF MONEY THAT WE HAVE TO SPEND WHAT TYPES OF BUDGET ARE THERE? HOUSEHOLD BUDGET- IT IS THE BUDGET FOR OUR SHOPPINGS BUSINESS BUDGETS- IT IS THE BUDGET THAT BUSINESSES USE TO PLAN HOW MUCH MONEY THEY COULD SPEND ON RAW MATERIALS AND PRODUCTS

WHAT TYPES OF COMPANIES ARE THERE? A SOLE TRADER- HE/SHE OWNS, DIRECT AND WORK IN HIS/HER COMPANY. PARTNERSHIP- TWO OR MORE PEOPLE OWN, DIRECT AND WORK IN THE COMPANY COOPERATIVE- MANY PEOPLE OWN, DIRECT AND WORK IN THE COMPANY CORPORATION- IT IS OWNED BY THE PEOPLE WHO HAVE SHARES IN THE COMPANY. BUT THESE PEOPLE USUALLY DON´T WORK IN IT. SOME CORPORATIONS ARE BIG AND OPERATE ALL OVER THE WORLD. (MULTINATIONALS)