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

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

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Australia's Trade through Time

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 ...