1. 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.

2. 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.

3. 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

4. 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

5. 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)