All about money

Introduction and Explanation


Welcome children to our English class. Today’s topic is very interesting. It is also very beneficial for everybody. This topic is related to our day to day life and we all should know how to manage it. The topic is ‘All about Money’. Everyone knows what is money and how important it is, isn’t it? Yes that is true. It is not that money is a new concept in human life. It is a very old thing but it has changed according to need of the hour. In olden days people did not use coins and notes. They exchanged one thing for another and this system was known as barter system. They gave grains, farm produce, cattle, goats, chickens etc in return, for things like clothes, tools and implements or as wages.