Term 4 - open for business
Throughout this unit, students will develop their consumer and financial literacy skills and their understanding of business and enterprising behaviours.
They will be guided to develop an understanding of the importance of financial decision-making in everyday life and explore the different ways money can be managed. Students will learn the difference between needs and wants and that making decisions about finances can involve trade offs. Students will discuss their rights and responsibilities in everyday transactions. They will gain an understanding into advertising and how peer pressure can affect choices. Students will consider the nature of work and the reasons why we work. Students will consider the types of resources we have, how we use them and become aware of the social and environmental consequences of their choices.
Focus questions to be explored in order to gain understanding of big ideas and key understandings:
Why do I have to make choices as a consumer?
What strategies assist in managing personal finances?
Why are there trade-offs associated with making decisions?
What factors influence my choices and what are the possible effects of my consumer and financial choices?
Why do people work?
Why do businesses exist and how do they provide me with goods and services?
What enterprising behaviours and capabilities do I have?