Economics and business / Year 7 / Economics and Business Knowledge and Understanding

Curriculum content descriptions

Why individuals work, types of work and how people derive an income (ACHEK020)

Elaborations
  • investigating the contribution that work can make to an individual (for example, earning an income, contributing to an individual’s self-esteem, contributing to the community, material and non-material living standards and happiness)
  • exploring different types of work such as full-time, part-time, casual, at home, paid, unpaid, unrecognised, volunteer
  • investigating alternative sources of income such as through owning a business, being a shareholder, providing a rental service
  • discussing the ways people who have retired from employment earn an income (for example, age pension, superannuation and private savings)
General capabilities
  • Critical and creative thinking Critical and creative thinking
ScOT terms

Work (Labour),  Income

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Audio

Radio National: Peter Lalor's Bakery Hill speech

What events led to the attack on the Eureka Stockade (Eureka rebellion) on the Ballarat goldfield in 1854? This audio clip examines the famous Bakery Hill speech by activist Peter Lalor. Listen to Dr Anne Beggs-Sunter discuss the effect that the speech had on the assembled miners. Find out why this is considered a key event ...