Banking and Trading

Reading text 1: Banks and Banking (textbook P.62) Pre - listening While reading Post - reading Further reading Technology in Language Teaching Kim Hoàng-Ng c Dungọ Reading text 1: Banks and Banking (textbook P.62) 1. Pre reading– 2. While reading– 3. Post - reading Technology in Language Teaching Kim Hoàng-Ng c Dungọ Pre - reading Discussion In small groups, discuss the following questions: What are some services that a bank provides? How useful are banks in our daily life? Technology in Language Teaching Kim Hoàng-Ng c Dungọ Pre -reading Vocabulary: connected with the buying and selling of goods and services a sum of money that is paid into a bank account a person who buys goods or uses services a piece of business that is done between people, esp. an act of buying or selling. Commercial (a) Deposit (n) Consumer (n) Transaction (n) Technology in Language Teaching Kim Hoàng-Ng c Dungọ While reading Read the passage in the textbook (p.62) about banks and banking. Technology in Language Teaching Kim Hoàng-Ng c Dungọ While reading Paragraph 1: It tells us about of banks Answer the questions: 1. What are the functions of the banks? 2. What are kinds of banks? functions Keeping out money safe, giving out loans and credit Commercial banks and consumer banks. Technology in Language Teaching Kim Hoàng-Ng c Dungọ While reading Paragraph 2: Its tell us about of banks different kinds of accounts Name different kinds of accounts Checking account A deposit, savings, or high-interest Technology in Language Teaching Kim Hoàng-Ng c Dungọ While reading Paragraph 3: It tells us about of banks other services Match the phrases in column A to one in column B c. To carry money when travel abroad a. To buy things without money b. To get cash from automated teller machines anytime, everywhere 1. Traveler’s checks 2. Credit cards 3. ATM cards a. To buy things without money b. To get cash from automated teller machines anytime, everywhere c. To carry money when travel abroad Technology in Language Teaching Kim Hoàng-Ng c Dungọ While reading Paragraph 4: It tells us about of banksthe role Unscramble the following sentences 1. Banks invest the money of its customers, and then pay them interest. 2. Banks also lend businesses money to improve productions 1. invest/ and then/ its/ banks/ pay/ customers/ interest/ the money/ them/ of. 2. businesses/ improve/ also/ money/ lend/ productions/ banks/ to. [...]... Many young people get loans from the bank to buy new cars when they don’t have enough money 2 A checking account allows you to pay your money in and take your money out wherever you like 3 A checkbook is a small book of printed pieces of paper that you can sign and use instead of money to pay for your purchases 4 A deposit/ savings/ high-interest account is a bank account that gives you interest on the... can receive from the bank when you keep money in an account there 6 Tourists often carry traveler’s checks when traveling abroad 7 A credit card is a small plastic card that you use to buy things now and pay for them later 8 An automated teller machine is a machine outside a bank or in a public place that you use to take money out of your bank account Technology in Language Teaching Kim Hoàng-Ng ọc... the current exchange rates of foreign currencies? 2 Where do you go to change money? Technology in Language Teaching Further reading The following passage is about the history of money Read the passage and do some exercises at home Passage & Exercises Technology in Language Teaching  . Reading text 1: Banks and Banking (textbook P.62) Pre - listening While reading Post - reading Further. Technology in Language Teaching Kim Hoàng-Ng c Dungọ Reading text 1: Banks and Banking (textbook P.62) 1. Pre reading– 2. While reading– 3. Post - reading