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MODULE 5 Business Topic Money and finance MODULE 5 MODULE 5 5.1 Money and finance 5.1 Money and finance 5.1 Money and finance 5.1 Money and finance 5.1 Money and finance Money isnt everything There are many other things in the world that cannot be bought with money, such as health, life, happiness, friendship, love, etc. A hunger for money pushes us to work harder and longer in an effort to obtain even more money, thus ruining our health. 5.1 Money and finance 5.1 Money and finance 5.1 Money and finance 5.1 Money and finance 5.1 Money and finance Brainstorm! Name as many sources of personal credit debt as you can think of….. Why do lenders lend? 5.1 Money and finance Sources of personal credit / debt 5.1 Money and finance A culture of debt Some questions: Can debt be good? Is it easy to get credit – borrow money for a new computer, car, a house? What is the general attitude to borrowing in China? Is consumer confidence high in China at the moment? How has China’s economic success impacted your life? 5.1 Money and finance 5.1 Money and finance 5.1 Money and finance Exercises 5 / 6 on page 49 - choosing and investment. Study the information provided on each of the investment opportunities. Discuss the options with a partner - which do you think is the best investment? Consider the pros and cons (advantages disadvantages) Draft a list of pros and cons for each and compare them. Decide which one you would invest in! Use the language in Ex. 6 (“Stating preferences”) to explain the reasons for your choice to me! 5.1 Money and finance 5.1 Money and finance Company finances 5.1 Money and finance Understanding financial statements “To make good investment decisions you need to understand the business you’re investing in.” 5.1 Money and finance A financial summary - Tesco plc 5.1 Money and finance 5.1 Money and finance 5.2 Discussing options Business costs: What are the differ
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