Elaboration (2) ACHEK030
exploring different external factors that influence business opportunities, such as government and government policy, competitors in the market, demographics, technological innovations in production processes and product design, economic conditions, globalisation, …
Elaboration (2) | ACHEK030 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK027
identifying examples of government involvement in the market through reallocation of resources, regulation of economic activity or redistribution of income (for example, providing some types of goods and services not being provided sufficiently by the …
Elaboration (3) | ACHEK027 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK030
identifying examples of the different ways businesses respond to opportunities in the market (for example, developing a new product to satisfy demand, changing the way they deliver their products or services to consumers)
Elaboration (3) | ACHEK030 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHES037
discussing and reflecting on the consequences of a proposed action, and those of the alternative actions
Elaboration (3) | ACHES037 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK027
explaining how the interaction between buyers and sellers influences prices and how markets enable the distribution and allocation of resources (that is, how do businesses answer the questions of what to produce, how to produce and for whom to produc …
Elaboration (2) | ACHEK027 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHES037
using economics and business terms and concepts such as interdependence, market economy, market system, price setting, outsourcing, business ownership, rights and responsibilities
Elaboration (2) | ACHES037 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK029
identifying examples of how businesses are required by government to protect the safety of consumers (for example, mandatory and voluntary standards, product safety recalls)
Elaboration (2) | ACHEK029 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK031
predicting changes to work in the future and possible outcomes (for example, ‘What could be the effect of a changing attitude to work–life balance or the decline of some industries?’)
Elaboration (2) | ACHEK031 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (2) ACHEK028
investigating the innovative ways Aboriginal and Torres Strait Islander Peoples utilise their cultural knowledge in contemporary contexts in enterprising ways (for example, cultural tourism and other business ventures that harness traditional knowledge …
Elaboration (2) | ACHEK028 | Content Descriptions | Year 8 | Economics and Business | Humanities and Social Sciences | F-10 curriculum