Economic Resources and Work · Modern Era
Needs vs Wants
The basic economic problem of scarcity and how individuals and society make choices.
Key Questions
- 1How do we distinguish between needs and wants?
- 2Why can't we have everything we want?
- 3How does scarcity influence the price of goods?
ACARA Content Descriptions
AC9HASS6K09
Year: Year 6
Subject: HASS
Unit: Economic Resources and Work
Period: Modern Era
Suggested Methodologies
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