# Place Value

## Definition

Place value is the value of a digit based on its position in a number.

## Description

Place value is a fundamental concept in mathematics that refers to the value of a digit based on its position in a number. For example, in the number 345, the digit 3 is in the hundreds place, the digit 4 is in the tens place, and the digit 5 is in the ones place. This concept is essential for understanding arithmetic operations and solving mathematical problems.

In mathematics, understanding place value helps students recognize the value of digits based on their position and develop problem-solving skills. It is crucial for performing addition, subtraction, multiplication, and division, and it prepares students for more advanced mathematical concepts such as algebra and calculus.

In real-world applications, place value is used in various scenarios, such as counting money, measuring quantities, and more. For example, if you have \$345, the digit 3 represents three hundred dollars, the digit 4 represents forty dollars, and the digit 5 represents five dollars.

Teacher's Script: "Let's learn about place value. Place value tells us the value of a digit based on its position in a number. For example, in the number 345, the digit 3 is in the hundreds place, which means 300. Can you find other numbers and identify the place value of each digit?"

For a complete collection of terms related to Addition and Subtraction click on this link: Addition and Subtraction Collection

Common Core Standards CCSS.MATH.CONTENT.1.OA.B.3, CCSS.MATH.CONTENT.2.NBT.B.9 1 - 3 Arithmetic     • Addition         • Addition Expressions and Equations 2021 addition, subtraction, equation, place value