The key answer of exercise 5
The key to exercise solutions in chapter 5.2 - It's all about the money for the textbook Navigate Pre-Intermediate B1 - Coursebook with authors Caroline Krantz and Julie Norton from Oxford University Press
Question
Work with a partner and answer the questions.
- What is the significance ofthese numbers? 1661 ; 110 ; 16 ; 20% ; 95%
- Which two groups of people in Sweden do not agree with a cashless society? Why not?
- What are the benefits of paying with a mobile phone in Kenya?
- What about you? Would you like to live in a cashless society?
Answer
- 1661: Sweden became the first country to use banknotes. 110: The number of bank robberies in Sweden in 2008. 16: The number of bank robberies in Sweden in 2011. 20%: Under 20% of Kenyans have a bank account. 95%: Over 95% of Kenyans have a mobile phone.
- Elderly people (as they may need some help with the technology) and small businesses (as they have to pay a little money to the bank each time somebody pays them using a card).
- It saves time (as they no longer need to travel long distances to pay a bill). There is less danger of being robbed as people carry less cash.
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