AC9HE7K01
Official content description
why opportunity cost exists as decisions are made to allocate limited resources to meet unlimited needs and wants
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What Year 7 HASS students should achieve
Coverage is judged against the achievement standard — not by ticking every content description. These are the official Year 7 HASS standard sentences this code builds towards:
- They describe the perspectives, attitudes and values of the past in sources.
- Students use historical knowledge, concepts, terms and evidence from sources to create descriptions, explanations and historical arguments.
- They analyse information and identify perspectives and challenges related to political, legal or civic issues.
- They identify the causes and effects of events, developments and achievements connected to groups and individuals in Australia and other societies from the ancient past.
- Students develop questions about the past.
- They describe the reasons businesses exist and types of businesses, and identify how entrepreneurial characteristics contribute to the success of a business.
The Knowledge and understanding progression either side of AC9HE7K01
A class can only meet this descriptor if they were taught the one before it. If yours hasn't, that's where the lesson starts — not here.
Builds towards · Year 8
- AC9HE8K01how markets influence decisions about the allocation of resources to the production of goods and services, and the effect of prices on these decisions
- AC9HE8K02different ways that businesses adapt to opportunities in the market and respond to the changing nature of work
- AC9HE8K03how First Nations Australian businesses and entrepreneurs develop opportunities in the market
Other Year 7 Knowledge and understanding codes
- AC9HE7K02the reasons businesses exist and how different types of businesses provide goods and services
- AC9HE7K03characteristics of entrepreneurs and how these influence the success of a business
- AC9HE7K04the reasons individuals work, the types of work they are involved in, and how they may derive an income
- AC9HE7K05the rights and responsibilities of individuals and businesses in relation to consumer and financial products and services
Content description and achievement standard © Australian Curriculum, Assessment and Reporting Authority (ACARA), Australian Curriculum Version 9, used under CC BY 4.0. TeachKoala is not affiliated with or endorsed by ACARA.