• examine how modern technology has enabled people to spend their money
• assess whether it has helped people to spend their money more effectively
• make a judgement , based on the consideration of the evidence and argument put forward.
• modern technology allowing for more secure, varied and fast transactions
• money being saved on a variety of items and processes that used to be more costly
• the lack of pressure from salespeople allowing consumers to take their time over spending decisions
• the convenience of spending money from home saving time and money
• a wider range of products are available at a greater range of prices
• the dangers of fraud and security breaches impacting on a person’s privacy and finances
• the lack of a personal interaction as many prefer to visit stores and go into banks
• there can be delays in delivery and other problems with online only services.
To what extent has modern technology allowed people to spend their money more effectively?
