Money

Researched by Trenton M.
2008-09

Dedication

I would like to dedicate my project to Mr. Brooke because he took time out of his day to let me interview him. 
Why I Chose This Topic

There are several reasons I decided to take this opportunity to study all about money. I chose this topic because I thought that money would be really cool to do a report on. I also chose this topic because I don’t know much about money, but now I do 
 

Research Summary

INTRODUCTION
   
Do you ever wish that you were rich?  Do you ever wonder how money became so important in the first place? Well, coins were the fist currency after trading. Then came paper money, it was really popular because you wouldn’t have to carry heavy coins. Unfortunately, with money comes forgery.  This is a very serious crime because when you copy money, in a way you are stealing. But, you know what they say: money makes the world go ‘round!   

PAPER MONEY
 
Coins and banknotes are the money used everyday throughout the world. Money is still like trading because people can get what they want. Paper money helps us so we don’t have to carry big bags of rice. Gold helps by keeping paper money in print.  

CHECKS
     
“However, during the last few decades, plastic cards, some with built in computers,” have replaced them. Checks are paper and they help so we don’t have to run to the bank. When you write a check you are giving permeation to take money out of the persons account.    

FORGERY
   
Forgery is copying money, which means the money is false. Forgery has always been a serious crime. “In the past, punishments meant being deported, having your hands cut off, and being executed!” However, “the profit to be made by turning inexpensive pieces of metal or paper into something valuable.

CURRENCY        

The “currency” of the U.S. Treasury is made of dollars and cents. North America Coins and paper money but Britian did not want coins or paper money, so they used tobacco. The settlers wanted their own paper money, which became the dollar bill. The bills had already “been chosen as a currency of the U.S.” before the “Declaration of Independence was signed on July 4, 1779.” In the days when money took the form of precious metals such as gold and silver, it was made into coins. Each country has it’s own money. Sometimes a coin could be worth $25.00
   
The first U.S. dollars were issued in 1775. Today the U.S. dollar is the most widely used currency in the world. We usually think of money as coins, dollars and checks. Most of today’s money cannot be put in a pocket, or “even be touched, because it exists only as electronic data held in the bank and business computers.” Did you know that the U.S. used to have a $3.00 bill?

HISTORY

Lydian’s made the first coins. The first coin weighed 7 pounds. It became easy to buy stuff then to carry heavy bags. The first paper money was made in China. The paper money was worth $10.00.  

CONCLUSION

  As you can see money is a useful thing for the world. Money started out as just trading to gold to paper money. Now people use credit cards and checks. Forgery meant you would be executed, but now you just get put in jail for a long time. Money has always been one of the reasons people do crazy things!          

How I Evaluate My Entire Project

(1) How thorough and complete was my project?
It was pretty informal and had good words.

(2)  What would I do differently if starting over again?
If I started over I would be more informal.

(3)  What major strengths does my project have?
One of my strengths is that I used good words.  

(4)  What weaknesses or problems does my project have?
Some problems are that I have a lot of coition marks.

(5)  What did I learn to do better during this project?
I learned that I can be more informal. 

(6)  In what ways did I enjoy my study and work?
I got to learn about different money and what they’re made of. 

Who Helped Me With My Project

I would like to thank the following people my family, Mr. Brook and Mrs. Heitman. I would like to thank these because they helped me stay on track and helped me finish my report and display.  

Who I Interviewed And What I Learned

I interviewed Mr. Brooke. I interviewed Mr. Brooke on December 30, 2008 at my house. I chose Mr. Brooke for my interview because he use to work at a place called made money. Mr. Brooke told me how to make money. Mr. Brooke said, “When you make coins you start with copper or metal.” Than it goes to a machine that melts the copper or metal together. After that, it goes through another machine that flattens it then stamps it. For paper money they put a special kind of paper. Then it goes through a machine that puts ink on them. After that it goes through a machine that cuts the paper into dollar-sized rectangles.




The Products I Created

I made a pamphlet for my products. I did a word search a fact sheet and a dollar sign.

Bibliography
 
Brooke, Jim. Personal interview. December 30, 2008.

Cribb, Joe. Money. Yakima: Hill Smith, 1998. Pp.1-62.

Doty,R.G. “Money.” The World Book Encyclopedia. 1999. Pp.712-713.

Smith, Gone.  Coins. Spokane: Bill Gim, 1989.  Pp.1-34.

Somervill, Barbara. The History of Money. Walla Walla: Tim Duncan.1992.  Pp.1-24.  


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