PREVFinLit1 - IG (80p Protected Preview)

COPYRIGHTED MATERIAL

L E S S O N 5

Crazy for Currency

Time to Teach

Workbook This lesson corresponds to The 21st Century Student's Guide to Financial Literacy, student workbook, Chapter 5. Suggested Videos and Additional Resources • Top Documentary Films: How Money is Made - US Mint Documentary (YouTube) (47:35) • NTEHEC, The Foreign Exchange Market (YouTube) (2:51)  History of the Eurocurrency and the Eurozone (www.youtube.com/watch?v=PdLr3lTSyns) (4:35) • The Euro Explained for Travelers (YouTube) (4:21) PRODUCT PREVIEW Materials List Computer/smartboard Webslides (www.c21student.com)

SLIDE 5A

Link to highly recommended videos  organized by lesson at www.c21student.com/ you-tube-lesson-links/

What Does That Mean? Term

SLIDE 5B-E

Definition

conversion

the exchange of one country or economic unit’s currency for another.

exchange rate European Union

the rate at which the currency of one country may be exchanged for that of another. “EU”; an economic and political union of 28 member states primarily located in Europe.

Eurozone

the 18 members of the EU that use the euro as their currency.

euro

the official currency of the Eurozone.

Maastricht Treaty currency strength weak currency

signed in February 1992 by European countries; created the EU. the relative value of a currency in the foreign exchange market.

a currency that is going down in value.

70

Lesson 5 | Crazy for Currency

Made with FlippingBook flipbook maker