Learning objective

  • To recognise the purpose of banks and building societies.

Success criteria

  • I can recognise that banks and
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National curriculum

The National curriculum states that

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Before the lesson

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Lesson plan

Recap and recall

Arrange the children into pairs and provide each child with a whiteboard and pen. Display the Presentation: Make a list… and invite the children to list the different ways people can keep cash safe. (Answers may include: purse; wallet, moneybox; pocket; bank account; other safe places).

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Adaptive teaching

Pupils needing extra support

Could have a role play scenario modelled for them; could have additional time to practice.

Pupils working at greater depth

Should compare and contrast the advantages and disadvantages of keeping money at home versus in a bank; could discuss the benefits and drawbacks of online banking.

 

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Assessing progress and understanding

Pupils with secure understanding indicated by: identifying banks and building societies as

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Vocabulary definitions

  • bank

    A place where people can invest or borrow money.

  • bank account

    An account where a customer puts in and takes out money.

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