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Elaboration (4) ACHASSK198

considering how Australia’s location in the Asian region influences interactions between Australians and those living in the region

Elaboration ACHASSK199

investigating the role and interactions of consumers and producers in the market (for example, using a simple circular flow of income model, demand, supply, price mechanism)

Elaboration (1) ACHASSK199

investigating how consumers rely on businesses to meet their needs and wants

Elaboration (2) ACHASSK199

examining how businesses respond to the demands of consumers (for example, preference for healthy, environment-friendly, organic or ethical products and services)

Elaboration (3) ACHASSK199

exploring why businesses might set a certain price for a product (for example, because that’s what they think consumers will pay) and how they might adjust the price according to demand

Elaboration (4) ACHASSK199

considering how consumers might influence producers in other countries, such as those in the Asia region, to provide goods and services

Elaboration ACHASSK200

explaining the need for setting short- and long-term personal financial objectives and prioritising personal financial responsibilities and needs over wants

Elaboration (1) ACHASSK200

identifying ways short- and long-term personal financial objectives can be achieved (for example, through developing a budget and having a savings plan)

Elaboration (2) ACHASSK200

explaining how financial records (for example, income statements, balance sheets, budgets and cash flow statements) inform business decision-making

exploring ways that businesses manage finances and plan in the short- and long-term to achieve organisational and financial objectives (for example, by developing a business plan or borrowing to invest in the business)

Elaboration ACHASSK201

investigating well-known or familiar successful entrepreneurs and identifying the behaviours and skills that they bring to their business (for example, seeing and taking advantage of an opportunity; establishing a shared vision; demonstrating initiative, …

Elaboration (1) ACHASSK201

observing local businesses to identify factors that contribute to their success (for example, location, quality of service, a high-quality product, sound management practices)

Elaboration ACHASSK202

exploring different types of work (for example, full-time, part-time, casual, at home, paid, unpaid, unrecognised, volunteer)

Elaboration (1) ACHASSK202

investigating alternative sources of income such as through owning a business, being a shareholder, providing a rental service

Elaboration (2) ACHASSK202

discussing the ways people who have retired from employment earn an income (for example, age pension, superannuation and private savings)

Elaboration ACDSEH001

identifying different approaches to historical investigation such as the use of excavation and stratigraphy, oral history and use of data derived from radiocarbon dating

Elaboration ACDSEH029

listing a range of sources (both archaeological and written) required in an historical investigation to develop a response to the question(s) being asked

Elaboration ACDSEH030

evaluating various methods for investigating the ancient past (for example, stratigraphy to date discoveries; DNA testing to identify past individuals from their remains (such as Egyptian mummies) as well as common diseases)

Elaboration (1) ACDSEH030

using a cross-sectional drawing of the earth’s surface from an archaeological excavation to identify the evidence located at various layers (stratigraphy) and what it reveals about change over time (for example, a charcoal layer containing human remains …

Elaboration ACDSEH031

investigating the discovery of Mungo Woman in 1969 and the use of radiocarbon dating to draw conclusions about the longevity of human occupation at Lake Mungo

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