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Elaboration ACHEK018

identifying ways short- and long-term personal financial objectives can be achieved, for example through developing a budget and having a savings plan

Elaboration (1) ACHEK018

explaining the need for setting short- and long-term personal financial objectives and prioritising personal financial responsibilities and needs over wants

developing questions to form the basis of an economic or business investigation (for example, ‘Why do people work?’, ‘Why is it important to plan ways to achieve personal financial objectives?’, 'Why are consumers and producers reliant on each other?', …

Elaboration (1) ACHEK030

explaining why a person or group of people would choose to establish one type of business rather than another

Elaboration ACHEK039

exploring Australia's interdependence with other economies and brainstorming the ways that consumers, producers, workers and governments interact with other economies

Elaboration ACHES057

categorising and interpreting data and information collected into a form that shows multiple perspectives around an issue/event

Elaboration (2) ACHEK028

investigating the innovative ways Aboriginal and Torres Strait Islander Peoples utilise their cultural knowledge in contemporary contexts in enterprising ways (for example, cultural tourism and other business ventures that harness traditional knowledge …

Elaboration (1) ACHEK017

examining how businesses respond to the demands of consumers (for example, preference for healthy options, environmentally friendly packaging or organic food)

Elaboration ACHES024

examining the trade-offs involved in making choices about how to earn an income (for example, working as an employee or owning your own business)

Elaboration (1) ACHES024

identifying the costs and benefits associated with alternatives (for example, the costs and benefits of being an employee compared with being a business owner)

Elaboration ACHEK029

distinguishing the difference between rights and responsibilities and creating a list of the rights and responsibilities of consumers and businesses

Elaboration (2) ACHEK031

predicting changes to work in the future and possible outcomes (for example, ‘What could be the effect of a changing attitude to work–life balance or the decline of some industries?’)

Elaboration (1) ACHES037

developing different presentations for different audiences such as peers, businesses or the public, and for different purposes (for example, to persuade or inform)

Elaboration (3) ACHEK042

discussing the responsibilities of government in improving the conditions of workers (for example, work health and safety, equal employment opportunity, anti-discrimination laws)

Elaboration (2) ACHES044

explaining assumptions or missing information in sources that may affect the reliability of an opinion about the issue

Elaboration ACHES045

organising the data and information collected into a form that shows the different perspectives around an issue/event (for example, the impact of global events on participants in the Australian economy)

Elaboration (2) ACHES046

using a range of criteria (social, economic, environmental) to select and justify a preferred option

Elaboration (1) ACHES048

developing texts for different audiences such as peers, businesses, the public, and for different purposes (for example, to persuade or inform)

Elaboration ACHES055

establishing questions to form the basis of an economic or business investigation into an issue or event, such as ‘Why do standards of living differ within an economy?’, or formulating a hypothesis such as ‘Responding to an upswing in the economy with …

Elaboration ACHES058

deciding on a potential major purchase (for example, a car, investigating options, calculating the costs of different purchasing methods and estimating the long-term costs and benefits of owning the asset and repaying the debt)

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Cross Curriculum Priorities