Year 3 Reading Worksheets on How Money Works
Economics vocabulary such as barter, goods, price and service anchors this Year 3 reading packet on how money works, with a passage, exit slips and comprehension, fact-or-opinion and cause-and-effect pages.

- Year groups
- Year 3 (Key Stage 2)
- File type
- Preparation
- Print ready
- Subject
- Social Studies
- Topic
- Reading Packet, Economics
- Resource types
- Worksheets
- Preparation
- Print ready
From the author
About this resource
Help Year 3 students understand the basics of economics and money management with this informative reading packet titled "How Money Works." Students will read an engaging passage explaining key economic concepts like goods, services, income, and saving. Then, they will demonstrate comprehension through multiple choice questions, vocabulary exercises, and graphic organisers. This packet works well for whole group instruction, small group work, or independent practice in both PSHE and English lessons. With clear explanations, practical examples, and assessments, this packet gives teachers an easy way to teach financial literacy while improving students' non-fiction reading skills. Answer keys are included for teacher convenience.
In the classroom
Teaching tips & learning objectives
Learning objectives
Define economics words such as barter, goods, price and service
Sort statements about money as fact or opinion
Explain causes and effects of prices that are too high or too low
Skills covered
Vocabulary — matching economics terms to their definitions
Fact and opinion — sorting statements about money
Cause and effect — completing an organiser about prices
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Resource details
Concepts & topics
Core concepts
Goods and services
Barter
Price
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