Activity 2: Help (Commerce)
1. PLAY the video segment
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In the video, Tye had trouble managing his credit card. In fact, the card was cancelled. Nik also had trouble with his credit card - and mobile phone bill, too. His car was repossessed because there was money owing on it.
Who could Tye and Nik have contacted for advice before things got out of hand? |
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2. COMPILE a list of organisations which can help with credit and consumer problems, including disputes with sellers and financial advice. You can start your research by checking the contacts section on this website.
3. SELECT one organisation and find out:
a. its purpose
b. the service(s) it provides
c. how to access the services
The NSW Office of Fair Trading website ( www.fairtrading.nsw.gov.au ) and the Consumer Affairs Victoria website ( www.consumer.vic.gov.au ) also have contact information.
4. REPORT back to your class on your findings.
This activity can be found in the NSW Money Stuff Teacher resource book– Commerce page 30.
Explore additional learning activities (which include extension and revision tasks) in the print resources section under Print resources - Victoria.
Linked Learning Outcomes - NSW
Core Part 1.2 Personal Finance
Focus: Students develop knowledge, understanding and skills that assist them to achieve financial independence by developing the ability to make informed judgements and to take effective decisions regarding the use and management of money.
Students learn about: Managing finances.
Learning Outcomes – Victoria
Victorian Essential Learning Standards (VELS) Discipline-based learning
Domain: The Humanities - Economics
Dimension: Economic knowledge and understanding
Level 5
Students explain the nature of the economic problem and how economic choices involve trade-offs that have both immediate and future consequences.
Students make informed economic and consumer decisions, demonstrating the development of personal financial literacy.
Level 6
Students discuss and explain what it means to be an ethical consumer and producer and identify examples of ways values can affect the economic decision making of consumers, producers and governments.
Students explain the role and significance of savings and investments for individuals and for the economy, and demonstrate the skills required to successfully plan and manage personal finances.
Learning Outcomes - Western Australia
(Society & Environment)
ICP 5.1 Analyses a social issue, formulates questions and plans ways of investigating it.
ICP 4.4 Develops an informed opinion and communicates this with a particular purpose or audience in mind.