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Malaysians give cash to help government

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Crowdfunding - Level 0

Malaysians gave $2 million to help their country's new government. The government will fix problems left by the old government. One big problem is the national debt. The old government lost a lot of money. The government is using Internet crowdfunding to get money. People can give money using their credit card.

The $2 million is very small because the country's debt is $251 billion. Malaysia said it was important for people to help. People voluntarily want to share their money. The idea came from a woman who loves and is proud of her country. She started to raise money. Other people joined her. They also wanted to help.

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11 online activities    |    8-page printable   (PDF)

Crowdfunding - Level 1

Malaysians gave $2 million to help their country with its debt. Malaysia has a new government for the first time since 1957. It promised to fix problems left by the old government, especially the huge national debt. The old government lost a lot of money. The government used a new way of raising money - crowdfunding. It made a special page on the Internet to raise money. People can give money to the page using their credit card.

The $2 million is very small. It is just a drop in the ocean because the country's debt is $251 billion. Malaysia's finance minister said it was important for people to help. He said: "The people voluntarily want to share their earnings." The idea came from a woman who said she was, "very much in love with and proud" of her country. She started to raise money, and that very quickly attracted interest from other people. They also wanted to help.

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11 online activities    |    8-page printable   (PDF)

Crowdfunding - Level 2

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Malaysians gave nearly $2 million to help their country with its national debt. Malaysia has a new party in power for the first time since 1957. It promised to fix the problems left by the past government. One of these problems is the huge national debt. Malaysia's new leaders say the old government lost a lot of money. They want to put that right. The government used a new way of raising money - crowdfunding. This means setting up a special page on the Internet to raise cash. People can give money to the page using their credit card.

The $2 million raised so far is very small. It is just a drop in the ocean compared to the country's $251 billion debt. This is about 80 per cent of Malaysia's economy. Malaysia's finance minister said it was important for people to help the country. He said: "The people voluntarily want to share their earnings with the government to [help]." The idea came from a 27-year-old Malaysian lady. She said she was, "very much in love with and proud" of her country. She started a fundraising effort that very quickly attracted interest from like-minded people who also wanted to help.

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11 online activities    |    8-page printable   (PDF)

Crowdfunding - Level 3

Malaysians have helped their government with its money problems. They gave nearly $2 million to help the country with its national debt. Malaysia has a new party in power for the first time since the nation's independence in 1957. The new government promised to fix the problems left by the previous government. One of these problems was the huge national debt. Malaysia's current leaders say the previous government lost a lot of money. They now want to put that right. The government has used a new way of raising money. They decided to ask for help by using crowdfunding. This means setting up a special page on the Internet to raise cash. People can give money to the page using their credit card.

The amount the government has raised so far is very small compared to its multi-billion-dollar debt. The $2 million is just a drop in the ocean compared to the country's $251 billion debt. This is about 80 per cent of Malaysia's economic output. However, Malaysia's finance minister Lim Guan Eng said it was important to let people try to help the country. He said: "The people voluntarily want to share their earnings with the government to help ease the burden." The idea came from a 27-year-old Malaysian lady who said she was, "very much in love with and proud" of her country. She set up a private fundraising effort that very quickly attracted interest from like-minded people who also wanted to help.

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25 online activities    |    27-page printable    |    2-page mini-lesson



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