AC9HS5K08: Year 5 Humanities and Social Sciences Content Descriptor (AC v9) | Economics and Business | Teacheese AC9HS5K08: Year 5 Humanities and Social Sciences Content Descriptor (AC v9) | Economics and Business | Teacheese
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AC9HS5K08 Year 5 Humanities and Social Sciences

AC9HS5K08 – Year 5 Humanities and Social Sciences: Economics and Business

Strand
Knowledge and understanding
Substrand
Economics and Business

This Content Descriptor from Year 5 Humanities and Social Sciences provides the specific knowledge and skills students should learn. Use it to plan lessons, create learning sequences, and design assessments that align with the Australian Curriculum v9.

Content Description

types of resources, including natural, human and capital, and how they satisfy needs and wants

Elaborations

  • 1 categorising resources as natural such as water, coal, wheat; human such as workers, business owners, volunteers, managers; and capital such as tools, machines, technologies
  • 2 identifying and categorising the factors of production used in the production of goods and services that satisfy the needs and wants of a local community
  • 3 distinguishing between needs and wants, and how resources might be used more sustainably to meet these needs and wants into the future

Related Achievement Standards

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