Elaboration (3) ACHEK020
discussing the ways people who have retired from employment earn an income (for example, age pension, superannuation and private savings)
Elaboration (3) | ACHEK020 | Content Descriptions | Year 7 | 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) ACHEK029
discussing different financial and economic decisions that consumers and businesses make
Elaboration (3) | ACHEK029 | 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 (3) ACHEK038
explaining the impact of global events on the Australian economy and its trade and investment relations with other countries (for example, a natural disaster in a country of the Asia region)
Elaboration (3) | ACHEK038 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK039
investigating the activities of transnational corporations in supply chains and global business activities
Elaboration (3) | ACHEK039 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK040
debating the difference between good and bad debt, how to manage debt, the risks of over-indebtedness, and the importance of having a savings buffer
Elaboration (3) | ACHEK040 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK041
exploring emerging techniques businesses can use to gain an advantage, such as blended marketing, open innovation and use of social media
Elaboration (3) | ACHEK041 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK042
discussing the responsibilities of government in improving the conditions of workers (for example, work health and safety, equal employment opportunity, anti-discrimination laws)
Elaboration (3) | ACHEK042 | Content Descriptions | Year 9 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK051
investigating the ways living standards can be measured (for example, gross domestic product (GDP), Human Development Index (HDI) or total quality of life index)
Elaboration (3) | ACHEK051 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK052
explaining the impact of minimum wage, government payments, taxation and government-funded services on living standards
Elaboration (3) | ACHEK052 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHEK054
exploring the reasons for triple bottom line business planning and the possible implications for employees, competitors and the broader economy
Elaboration (3) | ACHEK054 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum
Elaboration (3) ACHES057
analysing information to make informed choices (for example, when purchasing goods and services)
Elaboration (3) | ACHES057 | Content Descriptions | Year 10 | Economics and Business | Humanities and Social Sciences | F-10 curriculum