Step 3: Evaluating, concluding and decision-making Decide on your own version of a tax system for Australia — consider the types of taxes and the rate. Allocate spending of the money that you will raise through your tax system — use percentages (such as 10 per cent of revenue on health care). Be prepared to justify your choices if asked. Step 4: Communicating Communicate your new tax system in a visual way. You might create a poster containing infographics or a PowerPoint presentation. LESSON 21.6 Consumer and financial literacy
LEARNING INTENTION By the end of this lesson you should be able to explain the importance of being a smart consumer.
Tune in It’s important to know the other groups that operate within the Australian economy as well as knowing your role. However, it is important to be able to tell the difference between legitimate interactions with these groups and potential fraud or ‘scams’. 1. What do you think scammers are trying to achieve by sending a text message like the one in FIGURE 1? 2. What do you think your parents or caregivers would do if they received such a text? 3. What would you do?
FIGURE1 Do you know someone who has received a text like this?
616 Jacaranda Humanities Alive 8 Victorian Curriculum Third Edition
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