Showing posts with label paper bills. Show all posts
Showing posts with label paper bills. Show all posts

February 25, 2013

Learning about money

Library ISBN: 978-0-7660-3142-5
Paper ISBN: 978-0-7660-3658-1
Did you know that paper currency was first printed in 1862? It's true! In order to make up for the shortage of coins, as well as to help pay for the Civil War, the U.S. Department of the Treasury decided to start printing paper money. Coins were scarce because people started hoarding them. During the war, items fluctuated in value, however since coins were made from gold and silver, and those prices did not fluctuate as much, people began hoarding the coins.

Today, coins are usually made of copper and another element of, such as zinc or nickel. Paper currency is composed of 25 percent linen and 75 percent cotton. Red and blue synthetic fibers of various lengths are distributed evenly throughout the paper.

Elementary students learning about money will enjoy working with the I Like Money Math! series. Available in both library and paperback editions, the 6 titles in this series include: How Many Pennies Make a Dollar?, I Can Add Bills and Coins, I Can Count Money, I Can Do Money Word Problems, I Can Name Bills and Coins, and I Can Subtract Bills and Coins.

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