Australian Curriculum / Learning Areas / Humanities and Social Sciences / HASS / Knowledge and Understanding / Economics and business

The difference between needs and wants and why choices need to be made about how limited resources are used (ACHASSK119)

Data and Decisions Connections Preview Unit

Pretest · Pretesting and Familiarisation
Your students will complete a pretest about business and economics.
Budgeting Needs and Wants · Learning Opportunities
Your students will explore the difference between needs and wants as they select what items to buy for an imaginary family.

Spend and Save Question-Based Investigations Preview Unit

Assessment · Synthesis Phase
You will conduct a conference with each student to assess their understanding of the content they have learnt during their research.