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