VII. Speaking.

Exercise 20. Speak on money and their functions using the chart.

MONEY

universal equivalent

(a commodity expressing the value of all the other commodities)

Stability

Recognizability

CHARACTERISTICS

Portability

Divisibility

Durability

Uniformity

FUNCTIONS

measure of value

means of circulation

means of accumulation

TYPES

Bank money

Token coins

Paper money

VШ. Oral practice.

Exercise 21. Work in pairs. Try to explain the meaning of the following quotations on money and express your point of view. Use phrases: To my mind, in my opinion, in fact, I suppose (consider, beleive), there is no doubt that

1. The more you chase money, the harder it is to catch it.

Mike Tatum, Cashing In or Selling Out, SXSW 2006

2. A wise man should have money in his head, but not in his heart.

Jonathan Swift (1667 - 1745)

3. Money alone sets all the world in motion.

Publilius Syrus (~100 BC), Maxims

4. Money is the opposite of the weather. Nobody talks about it, but everybody does something about it.

Rebecca Johnson, in 'Vogue'

5. Money: There's nothing in the world so demoralizing as money.

Sophocles (496 BC - 406 BC), Antigone

6. Money can't buy friends, but it can get you a better class of enemy.

Spike Milligan

Exercise 22. Define what statements belong to the advantages of money and what belong to the disadvantages. Comment on them. Group them to fill the table:

advantages	disadvantages

Statements:

Money creates division of the society into poor and rich.

Money make exchange of goods easier.

Money can bring freedom and independence.

Money make people cruel and greedy.

Money gives opportunity to do charity and other good things.

Money demoralize society and make people forget about spiritual values.

Money is the thing that we can not get enough.

Exercise 23. Do the test How careful are you with money? and find out something about your attitude towards money.

1. When you get a present of money (e.g. for your birthday), how much of it do you save?

a) all of it b) most of it c) some of it d) none of it

2. How many of the following things did you buy last month?

Clothes electronic gadgets cosmetics

a) none of them b) some of them c) most of them d) all of them

3. When you go out with your friends, how much money do you take with you?

a) none b) not very much c) quite a lot d) all the money I have

4. If you see two things in a shop you really like, do you buy…?

a) neither of them b) one of them c) sometimes both of them d) always both of them

5. Someone asks you to give something to a charity that you like, how much money do you give?

a) none b) a little c) quite a lot d) all the money I`ve got with me.

Mainly “a” answers - you are very careful with money!

Mainly “b” answers - you are quite careful with money!

Mainly “c” answers - you aren`t very careful with money!

Mainly “d” answers - you are generous but need to take more care with your money!

Answer key

Discuss the results with your group-mates. Compose dialogues and discuss advantages and disadvantages of money.