Imagine you and your friend are playing a game with marbles. You both have marbles, but sometimes you trade them for candy or toys. Paper money is like those marbles, it helps people buy things without needing to carry around everything they own. Even though we can now pay using phones, paper money still works well, especially when people don’t always have their phone with them. That’s why many people still use it today.
Examples
- You give your friend $10 to buy candy from the store.
- Your mom gives you a $20 bill so you can go to the movies.
- You use cash at a vending machine that doesn’t take credit cards.
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See also
- How Did Paper Money Become Popular?
- How Does a Coin Become Worth More Than Paper Money?
- How Did Ancient People Decide the Value of Things Before Money?
- How Governments Pay for Their Debts by Printing Money
- How Did Ancient People Measure Wealth?
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