Humanities and social sciences / Year 6 / Knowledge and Understanding / Economics and business

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Curriculum content descriptions

The effect that consumer and financial decisions can have on the individual, the broader community and the environment (ACHASSK150)

Elaborations
  • exploring how a decision to buy an item affects the family (for example, ‘Did the family have to put off buying another item to have this one?’)
  • investigating whether buying at the local supermarket helps the local community
  • considering if their actions have an effect on the environment (for example, does choosing to use recyclable shopping bags have an effect on the natural environment?)
  • investigating questions (for example, ‘Does what my family buys in the supermarket affect what businesses might sell or produce?’)
General capabilities
  • Numeracy Numeracy
  • Critical and creative thinking Critical and creative thinking
  • Personal and social capability Personal and social capability
  • Ethical understanding Ethical understanding
ScOT terms

Causality,  Supply and demand

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