AC9HE10K03 Year 10 Humanities and Social Sciences

Content descriptor factors that influence major consumer and financial decisions, and the short- and long-term consequences of these decisions

Elaborations

• • Elaboration identifying examples of minor and major consumer and financial decisions, and explaining the processes that guide decision-making
• • Elaboration analysing factors that influence major consumer and financial decisions, such as price, availability and cost of finance, marketing of products, age and gender of consumer, convenience, and ethical and environmental considerations
• • Elaboration identifying the costs of consumer and financial transactions over time, such as the ability to make loan repayments, available savings, depreciation, and maintenance costs and insurance, as well as the benefits such as independence and convenience when purchasing a car or home