Economics and Business 7-10 / Year 7 / Knowledge and understanding

Curriculum content descriptions

the reasons businesses exist and how different types of businesses provide goods and services (AC9HE7K02)

Elaborations
  • identifying why businesses exist; for example, to produce goods and services, to make a profit, to provide employment, and investigating the different ways that goods and services are provided to people, such as through shopping centres, local markets, online, small independent stores and remote community stores
  • identifying the features of different types of businesses, including sole proprietorship, partnership, cooperative, corporation, franchise and not-for-profit organisation
  • investigating a business owned by First Nations Australians, exploring the types of goods and services offered and why this business was started
  • identifying examples of different types of businesses that sell goods and/or services in the local community; for example, a sole proprietor operating a car yard, a partnership providing legal services or a corporation selling groceries through a chain of supermarkets
General capabilities
  • Critical and creative thinking Critical and Creative Thinking
Text

Sample Teaching and Learning Outline: Humanities and Social Sciences Year 7

Find ideas and relevant links for teaching Year 7 History, Geography, Civics and Citizenship and Economics in this resource.

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Online

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