WHAT IS PURCHASING POWER?

Choose the best answer to each question. Then check your answers.

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1. What is purchasing power?

2. What do we call the money adults receive on a regular basis?

3. What is another word for "costs"?

4. When is your purchasing power higher?

5. On the video, what does "allowance" refer to?

6. What is the American word for "sweets"?

7. What does "afford" mean?

8. If your pocket money goes up and the price of what you usually buy goes up to the same extent, what happens?

9. When do you lose purchasing power?

10. What seems to be the situation today?

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SPEAKING

1. Work in small groups. Discuss the following questions.

- Is pocket money a good idea? Why? / Why not?

- If it is, should everybody get the same pocket money? Why? / Why not?

- When you have money, what do you do with it? Do you save it or spend it, or both?

- If you spend it, what do you spend it on?

Note down all your ideas.

2. Present your ideas to the class.

3. Listen to the other groups' ideas.

4. Discuss all the ideas with the class.

WRITING

Write a composition of about 100 words on what you discussed in the "Speaking" section.

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