LESSON 20.1 Overview
INQUIRY QUESTION Why does Australia have a taxation system and why should individuals plan to achieve financial goals? Have you ever wondered why topics of conversation amongst adults can often spill into talk about taxes and budgeting? Why is the news reporting house prices again and why are we discussing finance? Remember, economics is all around us; it’s the study of how people and businesses make choices about using resources. Whether you’re buying lunch, saving your allowance or even just surfing the internet, you’re participating in the economy. Understanding economics helps us make better decisions about how to use our money and resources wisely. In Year 8, you’ll explore how Australia’s taxation system works and learn why planning is crucial for achieving financial goals.
Pre-test Online pre-test eWorkbook Customisable worksheets for this topic Digital document Key terms glossary Video eLesson Economics and Business concepts and skills
584 Jacaranda Humanities Alive 8 Victorian Curriculum Third Edition
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