G9 The Benefits of Money and Impact of Decisions T3

• Business Studies
• Secondary Education
• Age 13

Wednesday 23rd April 2025

The Benefits of Money and Decisions

• To be able to list the benefits of money.
• To identify the impact of financial decisions.

What do you usually do with your
Eid money?

I spend the cash quickly on things I want (medium of exchange).

I save it for the future (increase wealth).

Fatima sells Emirati desserts and coffee. She sets the price at 25 AED for the Lugaimat and sweets. Which function of money is this an example of?

1. Delayed payments
2. Assigning prices
3. Medium of exchange
4. Increasing wealth

Question:

What are the benefits of money? 

 

What are three benefits of money?

Aliyah is giving some of her Eid money to the charity. 

a) satisfy needs or wants

b) prepare for the future

c) give to others less fortunate

play.blooket.com

It is important for businesses to think carefully about what to spend their money on.

Which product has more value?

1. the Apple smartphone (1,500 AED)
2. the Nokia mobile phone (400 AED)

Can you explain Why? 

100 AED

Sustainability

people - planet - profit