Kids Learning Together

A 3/4 Class Blog

Week 4: How does money work?


In week four of Inquiry we were looking at living below the poverty line. We watched a video about living below the poverty line. Also some people took a challenge that could for five days only use $2 a day for their food.

People in Brazil are poor and need Quinoa. The farmer sends it around the world. We had to think about the perspectives of the farmer, buyer in Australia and the person living below the poverty line. Gemma and Sophie were the person below the poverty line, Nicholas was the farmer and Alex was the shop keeper.

On Thursday we looked at the interest rates. We compared NAB with the Commonwealth Bank. Our class decided to look at the Commonwealth Bank or NAB. Then we got together and shared our work with each other. We had to work out how long it would take us to make money if we put $10,000 into the bank. We shared our findings and finished for the day.

On Friday some ladies for the Commonwealth Bank came to talk to us. We all had some amazing questions! Some were: What happens to ripped notes? What happens if someone robs the bank? Where is money made? Why is our 50c the shape it is? What is your job? Why did you choose to work at the Bank? What did you want to be when you were young?

At the end of the day we all got a show bag from the Commonwealth Bank  and we got pencils, stickers, information for a kids bank account and a key ring.

Over all we had a great week and learned lots of amazing things.

By Gemma and Sophie M

by posted under Uncategorized | 6 Comments »    
6 Comments to

“Week 4: How does money work?”

  1. September 3rd, 2013 at 5:31 am      Reply Isabella Says:

    Hi 3/4D
    I liked watching the 2 videos about poverty because they were interesting

    From Isabella

  2. September 10th, 2013 at 10:16 pm      Reply Patrick Says:

    Hello again 3/4D,
    I enjoyed all that weeks activities. My favourite activity was when the
    bank came.
    Bye, Patrick

  3. October 21st, 2013 at 7:44 am      Reply JamesD Says:

    Hi 3/4 D
    I liked watching the 2 videos about poverty because it is interesting to watch the people living off $10 for a week. It was interesting.

    From James D

  4. October 21st, 2013 at 9:35 am      Reply Rose Says:

    Hey guys
    That was a fun activity.
    I learnt a lot.
    From rose

  5. October 23rd, 2013 at 6:19 am      Reply Gemma Says:

    Hi 3/4D
    I liked that it was really fun and I learnt alot from the guest speaker
    From Gemma 🙂 🙂

  6. October 28th, 2013 at 5:30 am      Reply Rosep Says:

    Hey guys
    I Really enjoyed that week because I learnt a lot and had heaps of fun.
    I was the Aussie shopper and not knowing about the poor Brazil people
    From rose.

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