Read the texts and answer the questions
WHAT IS A BANK?
Banks are
places where people can keep their money. Most people use banks to save money
in their savings accounts and to pay money from their checking accounts. Today,
when a person earns money from their job, their paycheck is often
electronically deposited (put) into their savings or checking account. Then, he
or she can pay their bills by writing checks from their checking accounts or
pay online where their bills are electronically connected to their bank
accounts.
Banks also
give loans to people. Banks use the money that their customers deposit to lend
to people to buy new houses, cars, or to start businesses among other reasons.
The bank makes money from lending by charging interest. In other words, people
have to pay back more than they borrowed. This amount depends on how risky the
bank thinks the borrower is and how fast the loan is paid back among other
things.
QUESTIONS
1. How does
"interest" work?
a. Banks
require people to pay back more money than they borrowed.
b. Banks
pay people more money than they borrowed.
c. Banks
require people to pay back money they borrowed very quickly.
d. Banks require people to pay back the same
amount they borrowed.
2. How do
banks make money?
a. By having a lot of accounts
b.
Electronically
c. Saving
their customers deposits
d. Charging interest to those they lend to
3. What do
banks NOT do?
a. provide a place for people to save their money
b. lend
money to people
c. provide a place where people can pay their
bills from
d. help people get jobs
4. What do
banks NOT do?
a. Tax
people
b. Give
loans
c. Charge
interest
d. Allow people to pay bills online from
their accounts
5. How much
"interest" do borrowers have to pay?
a. Most
borrowers don't have to pay interest.
b. It depends on a lot of things.
c. Everyone
pays the same amount of interest.
d. The
story doesn't say.
GREEN
Green is a
beautiful color! In nature, the grass that you walk on is green and the leaves
that you see on trees are usually green. Most of the plants that you see are
green, too! Frogs are green and many grasshoppers are green, too. Turtles are
different shades of green.
Did you
know that you can make green paint by mixing blue and yellow? Because you can
make green by mixing two primary colors, it is called a secondary color. Green
is also the name used to describe the movement to make products that do not
harm the Earth. Green products are often those made from recycled materials or
those that are safe to throw out in the trash.
1. What is
a green product?
a. One that is made from grass
b. One that
is safe for Earth
c. One that
is fun
d. One that
is mixed together
2. Turtles
are...
a. green
products
b. different
shades of green
c. not found in nature
d. not
green
3. Which of
the following might be an example of a green product?
a. a frog
b. a
plastic bottle that can be recycled
c. a big
truck
d. a
plastic bottle that can not be recycled
4. According
to the reading, which is green?
a. A frog
b. A
mushroom
c. A bat
d. A primary color
5. Green
is...
a. a kind
of plant
b. a
secondary color
c. a
primary color
d. a type
of kite
