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English home language

Grade 9

Money matters

Module 6

Research and reading

Activity 1:

How to finance a purchase

[lo 5.3]

Sometimes one does not have the cash to buy an item, especially a home / car / furniture, etc.

Find out how many finance options are available to someone who wants to purchase one of the following:

  • A new car
  • A used car
  • A lounge suite / bedroom suite
  • A first home
  • A small business

Also make a list of the documentation and information one will need for these purchases.

Which of the options you have researched seem like the best one? Why?

Summarise your research and conclusion.

  • Determine the best option
  • Documents needed for the chosen finance option
  • The sources you needed to gather information


Option 1 Finance provider: ...........................................................................
Terms / conditions:
Pros and cons of this option:
Option 2 Finance provider: ...........................................................................
Terms / conditions:
Pros and cons of this option:

Teacher’s assessment of research presentation:

Criteria oooo ooo oo o
Presentation Superbly neat and absolutely clear Fairly neat and clear Can be followed, but requires effort Illegible, impossible to follow
Detail Thorough, informative and interesting Detailed. Covers what is necessary. Has information, but lacks some detail. Distinct lack of information
Reasoning Logical conclusion. Convincingly motivated. Makes sense. Seems like the right choice. Lacks motivation. Some factors overlooked Illogical, unconvincing

Activity 2:


[lo 3.2]


1. Della stood at the window of her shabby flat and looked out dully at a grey cat walking on a grey fence in a grey backyard. Tomorrow would be Christmas Day and she had only one dollar 87 cents with which to buy a present for her husband, Jim. She had saved every cent she could for weeks, with this result. Twenty dollars a week does not go very far. Expenses had been greater than she had calculated. Only $1,87 to buy her Jim a present! She had planned for months to give him something fine and rare and sterling.

2. Suddenly she whirled from the window and stood before the mirror. Her eyes were shining brilliantly as an idea flashed into her mind.

3. Rapidly she pulled down her hair and let it fall into its full length. Now there were two possessions of the James Willingham Youngs in which they took a mighty pride. One was Jim’s gold watch which had been his father’s. The other was Della’s hair.

4. So now Della’s beautiful hair fell about her, rippling and shining like a cascade of brown waters. It reached below her knee and made itself almost a garment for her. Then she did it up again nervously and quickly. Once she faltered for a minute while a tear or two splashed on the worn red carpet.

5. On went her old brown jacket; on went her old brown hat. With a whirl of skirts and with a brilliant sparkle still in her eyes, she fluttered out of the door and down the stairs to the street. Where she stopped, the sign read: “Mme Sofronie. Hair Goods of All Kinds” and Della entered.

Questions & Answers

what is elasticity of demand?
Rita Reply
Causes of economic growth
pierre Reply
What is elasticity of demand
What are the causes of economic growth
economic growth, establishment of industry, encourage of investor's, farm productivities, creation of institutions, construction of good road etc
elasticity of demand can be said to be the responsiveness of demand to a change in prices
impact of collusion in the economy referring to inefficiencies illustrated by means of graph
nondumiso Reply
The Factor price will determine the choice of techniques to produce.Expantiate
what is elasticity of demand?
Etta Reply
state and explain two types of demand
Institution involved in money market
Gande Reply
what is Economics
Kwame Reply
Economic is the study of scarcity
Economics is the study of a lot of things. It is split up into two areas of study, Microeconomics and Macroeconomics. Microeconomics is the study of an individual's choices in the economy and Macroeconomics is the study of the economy as a whole.
Economics is a science that studies human scarcity
What is Equilibrium price?
Equilibrium is the market clearing price. The point at which quantity demanded equals quantity supplied. The point at which the supply and demand curves intersect.
Equilibrium price*
Refers to the study of how producers use limited resources to satisfy human unlimited wants
why is economics important
Derrick Reply
What will you do as a consumer if you are not at equilibrium?
chukwu Reply
am new I will like to know about the graph relationship
Gloria Reply
comment on WTO principle on trading system. trade without discrimination
Omben Reply
optimize z=f(x,y)=6x²-9x-3xy-7y+5y²
Alex Reply
What is an indifference curve?
layla Reply
different levels of utilities of a person in a given set of bundles of goods
identify and quantify five social costs and social benefits of building a school
Mokgobo Reply
identify and quantity five social costs and social benefits of building a hospital
short run vs long run
state the law of diminishing return?
The Law of Diminishing (Marginal) Returns simply states that at some point in time a business/operation/etc.'s increased productivity will begin to decline.
For example, if a small pizza shop currently has 3 workers in the kitchen at any given time,and hiring 1 more worker will increase productivity, at some number of workers hired will the business see a decrease in productivity because the capital resources that the pizza shop has is not infinite.
Five social benefits of building a hospital, in my opinion and depending on where it's built, would be 1) Increased care for neighboring residents, 2) Potential jobs for individuals, 3) May decrease the travel time residents need to endure in order to reach the nearest hospital
4) May create work-study programs for individuals who aspire to be future Doctors, Nurses, Physicians, etc. 5) Assuming there are local pharmaceutical businesses nearby, the hospital may decide to purchase supplies local, increasing the business' sales. Thus, generating more income.
5 costs of building a hospital would be 1) Increased noise and waste pollution from service vehicles and hospital visitors, 2) May require large amounts of space, possibly jeopardizing nearby animal habitats, 3) May see an increase in traffic and possibly car accidents from frantic individuals
racing to see their injured friends, family members, etc. 4) Constructing a hospital and hiring staff is very expensive 5) To use funds, private or public, to finance the construction of a hospital cannot be used to fund any other projects. (The concept of opportunity costs.)
what is meant by inteference with the price mechanism operation?
We use a Supply and Demand graph to illustrate at what price level will the market for a certain good or service be at equilibrium. If the price for a good or service is set too high, consumers will be less inclined to buy that product Thus, creating a surplus.
This surplus will eventually drive the price back down to it's equilibrium point. Similarly, if a price for a good or service is set too low, individuals would be more inclined to buy more of a certain product, creating a shortage. This shortage will cause sellers to drive the price back up to the
equilibrium point.
is it true that the opportunity cost of unemployed labour is zero?
Wisdom Reply
give two forms of collusion
nondumiso Reply
1.Explicit Collusion: Also termed overt collusion, this occurs when two or more firms in the same industry formally agree to control the market .
2.Implicit Collusion: Also termed tacit collusion, this occurs when two or more firms in the same industry informally agree to control the market, often through nothing more than interdependent actions. A prime example of implicit collusion is price leadership .
explicit collusion: this occurs when two or more firms in the same industry legally agree to control the market
implicit collusion this occurs when two or more firms in the same industry illegally agree to control the market
what is responsible for investigating cases of collusion
what mean economic as a science
in a comparison of the stages of meiosis to the stage of mitosis, which stages are unique to meiosis and which stages have the same event in botg meiosis and mitosis
Leah Reply
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Source:  OpenStax, English home language grade 9. OpenStax CNX. Sep 14, 2009 Download for free at http://cnx.org/content/col11060/1.1
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