Florida SS.3.E.1.2
The Standard
List the characteristics of money.
Florida Next Generation Sunshine State Standards for Social Studies
Teacher's field guide
What This Standard Means
What Students Need to Do
- Students name traits that make something useful as money, such as being accepted, durable, portable, divisible, and easy to recognize. They connect each trait to how money works.
What Mastery Looks Like
- Students can list several characteristics of money and explain each with an example. They can tell why an object such as an apple would not work well as money.
Common Misconceptions
- Students may think anything valuable counts as money, even if people will not accept it as payment. They may also confuse forms of money, such as coins and bills, with the characteristics money needs.
How to Assess It
- Exit ticket: List three characteristics of money, then explain why a carton of milk would not work well as money.
Lesson moves
Ways to Teach It
Give groups coins, paper bills, toy blocks, apples, and shells to sort by durability, portability, divisibility, and acceptability.
Ask students to write which characteristic of money matters most and support their choice with one example.
Play Money Match by pairing characteristic cards with example cards, such as a sturdy coin for durability.
Examine cash, gift cards, and digital payments, then identify which characteristics of money each form shows.
Keep exploring
Related Standards
- SS.4.FL.3.1
Identify ways that income is saved, spent on goods and services, or used to pay taxes.
- SS.3.E.1.3
Recognize that buyers and sellers interact to exchange goods and services through the use of trade or money.
- SS.1.E.1.1
Recognize that money is used in the exchange of goods and services.
- SS.8.FL.5.1
Describe the differences among the different types of financial assets, including a wide variety of financial instruments such as bank deposits, stocks, bonds, ...
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