Australian Curriculum V8
ACHASSK151
The reasons businesses exist and the different ways they provide goods and services
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, remote community stores (Skills: Literacy, Critical and Creative Thinking, Ethical Understanding)
- explaining the difference between not-for-profit and for-profit businesses (Skills: Literacy, Critical and Creative Thinking, Ethical Understanding)
- distinguishing between businesses in the primary, secondary and tertiary industry sectors and discussing what they produce or provide (such as agriculture and mining; textiles and food; and information, tourism and telecommunications) (Skills: Literacy, Critical and Creative Thinking)
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teaching resources for those 'aha' moments
- Plus Plan
Build Your Own Theme Park – Project
A project that gives students the opportunity to learn through building their own theme park.
- Free Plan
Goods and Services Word Search
Stretch your students’ business vocabulary with this economics-focused word search that features examples of goods and services.