This story looks at a small island in the Pacific Ocean called Yap to answer a big question: What is money? On Yap, limestone is considered valuable, much like gold and silver in other places. But because limestone is very heavy, people can’t move it easily. As a result, money has become more abstract. People agree to its value, but don’t necessarily have the limestone itself. Listen to learn what money is and to explore how people in our society, too, buy and sell by using something (coins and bills) that represents something valuable, rather than using the valuable thing itself.
Story Length: 4:17
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As the ocean rises, some island nations might disappear and the coastlines change. This is critical for some island nations that are at risk of slipping under water as sea levels rise. Political, economic and personal consequences are factors in how the climate problems in these nations are dealt with. Listen to learn what can be done to prevent these catastrophic changes in our geography.
Household management involves using resources wisely and being thrifty to stay within a budget. The word “economy” comes from the Greek word for household management, oikonomia. This management is difficult when people have too little money to buy what they need, which was the case for many after the stock market crashed in 1929. In an effort to make sense of what was going on, members of the U.S. government began to talk about what they called “the economy,” and they developed methods to quantify the situation and account for economic fluctuations. Listen to the story to learn more about the invention of what we call the economy and some of the means by which we measure its strength.
The luxury goods company Hermes makes and sells a high-end purse it calls the Birkin Bag. The Birkin costs $10,000—often more—and it is nearly impossible to find one to buy. Because very few bags are available, the Birkin has become a status symbol, something only very few people can buy. Its scarcity raises its value, which could explain why a purse can cost so much money. Listen to find out why a retail company, that by definition wants to sell things, makes it so difficult to buy their product.
In the developed world, a lot of money changes hands without anyone actually touching it. That’s because many people get paychecks, do their shopping, and pay their bills electronically. When you put your debit card into an ATM, you assume that the machine is connected to a trusted institution and knows how much is in your account and will, in fact, give you the amount of cash you asked for. In other words, you trust the process and the bank. But what if you couldn’t? Listen to find out how people in Myanmar are trying to adjust to banking electronically in a setting where it’s not always reliable.
These levels of listening complexity can help teachers choose stories for their students. The levels do not relate to the content of the story, but to the complexity of the vocabulary, sentence structure and language in the audio story.
NOTE: Listenwise stories are intended for students in grades 5-12 and for English learners with intermediate language skills or higher.
These stories are easier to understand and are a good starting point for everyone.
These stories have an average language challenge for students and can be scaffolded for English learners.
These stories have challenging vocabulary and complex language structure.