Economics and business / Year 8 / Economics and Business Knowledge and Understanding

Version 8
Switch to version 9
View on Australian Curriculum website Australian Curriculum, Assessment and Reporting Authority
Curriculum content descriptions

The rights and responsibilities of consumers and businesses in Australia in terms of financial and economic decision-making (ACHEK029)

Elaborations
  • distinguishing the difference between rights and responsibilities and creating a list of the rights and responsibilities of consumers and businesses
  • investigating the ways the rights of consumers are protected through the law (for example, warranties, cooling off periods)
  • identifying examples of how businesses are required by government to protect the safety of consumers (for example, mandatory and voluntary standards, product safety recalls)
  • discussing different financial and economic decisions that consumers and businesses make
General capabilities
  • Personal and social capability Personal and social capability
  • Ethical understanding Ethical understanding
ScOT terms

Commercial law

Refine by resource type

Refine by year level


Refine by learning area


Refine by topic

Related topic
  • No suggestions

4 direct matches to ACHEK029 | 1 other related resources

Video

My Five Cents: Why borrowing can cost you more

  • TLF-IDM025250

Think credit cards are basically free money? Gen Fricker will make you think again. Learn how interest rates and fees affect the money you borrow, and why they may be more expensive in the long run. Oh dear! Then test yourself with ASIC MoneySmart's "Things to think about" classroom exercises.  

View detailsView resource
Video

Prawn Farming

  • TLF-IDM019596

This is a short clip in which Gold Coast prawn farner, Nick Moore, describes the prawn farming industry, the business he manages, and the high standards of the Australian industry. Nick, explains why this business is more like agricultural farming than fishing and how his qualifications and experience more closely match ...

View detailsView resource
Online

IP in everyday life

  • TLF-IDM019436

This is an interactive resource about products that exist in everyday life that have protected intellectual property. The resource is presented as a timeline of one day, beginning at breakfast in the morning through until night. Interactive images appear as the mouse scrolls across the timeline. These images are linked ...

View detailsView resource
Text

Moving out of home

  • TLF-IDA005438

This lesson explores costs and responsibilities associated with moving out of home and setting up living arrangements. The resource is part of a suite of lesson plans and activities from MoneySmart, designed to bring everyday financial topics into the classroom.

View detailsView resource
Online

Australia's Trade through Time

  • TLF-IDM025126

Using an interactive timeline created by the Department of Foreign Affairs and Trade, this Teacher guide provides 12 series of learning experiences that engage students in the analysis and interpretation of data about Australian trade from 1900 to the present day. Students study videos, tables, images and texts in order ...

View detailsView resource