BTEC Business Unit 3 LO:A Role of money

The role of money is about how you view money, which may change over time. How many factors are said to influence your view of money?

Complete the gap below to identify the factor that influences your view of money

Personal ________________

Complete the gap below to identify the factor that influences your view of money

_____________ stages

Complete the gap below to identify the factor that influences your view of money

life ___________

Complete the gap below to identify the factor that influences your view of money

___________ rates

Complete the gap below to identify the factor that influences your view of money

___________ influences

Complete the word below to identify the factor that influences your view of money

c _ _ _ t _ _ _

Identify the factor influencing your view of money being described below.

Your background including religious beliefs or ethical principles.

• Personal attitudes

• Culture

• Life stages

• Life events

• Interest rates

Identify the factor influencing your view of money being described below.

Events outside of your control, such as the state of the economy.

• Personal attitudes

• Culture

• Life stages

• External influences

• Interest rates

Identify the factor influencing your view of money being described below.

When they are low they are good for borrowers but not savers. When high they make it more expensive to borrow but savers receive more on their deposits.

• Personal attitudes

• Culture

• Life stages

• External influences

• Interest rates