Financial Literacy 20, 30

(a)	Discuss the differences between goods and services.
(b)	Analyze options (e.g., e-commerce, retail, private exchange, text messaging and social media) for buying and selling goods and services.
(c)	Investigate requirements for collecting and remitting Provincial Sales Tax (PST) and Goods and Services Tax (GST) as a seller of goods and services including the responsibilities associated with conducting business on a First Nations reserve.
(d)	Discuss the advantages, disadvantages and security measures associated with various methods of payment (e.g., cash, cheque, money order, bank draft, debit card, e-transfer, credit card, virtual debit and worldwide online payments) for goods and services.
(e)	Investigate ways that payments are made in other areas of the world (e.g., WeChat or Alipay in China and CashU in the Middle East) and security measures (e.g., facial recognition) that are used.
(f)	Speculate on future methods of payment and associated technologies (e.g., CryptoCurrency, biometrics and blockchain) and the move towards cashless societies.
(g)	Discuss potential risks associated with future methods of payment and associated technologies.
(h)	Calculate total costs for a variety of transactions, taking into consideration taxes and fees such as transaction fees, shipping and handling, GST, PST, Harmonized Sales Tax (HST), duties and brokerage fees.