Earning and Managing Money · Personal Finance

Types of Income and Wealth

Distinguishing between earned income, such as wages, and unearned income, such as interest or dividends.

Key Questions

  1. 1Why do different occupations command different levels of income?
  2. 2What are the long-term benefits and costs of investing versus saving?
  3. 3How does the taxation system redistribute wealth in Australia?

ACARA Content Descriptions

AC9HE8K04
Year: Year 8
Subject: Economics & Business
Unit: Earning and Managing Money
Period: Personal Finance

Suggested Methodologies

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