The sharing economy and the changing nature of work

SubjectEconomics & Business YearYear 8 CurriculumAC v8.4 Time55

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Introduction

Students learn about the sharing economy and use it as a case study to investigate the changing nature of work. 

Australian Curriculum or Syllabus

Achievement standard

By the end of Year 8, students explain how markets operate and recognise why governments may influence the market’s operation. They explain the rights and responsibilities of consumers and businesses in terms of financial and economic decision-making. They explain why different types of businesses exist and describe the different ways businesses can respond to opportunities in the market. Students describe influences on the way people work and factors that may affect work in the future.

When researching, students develop questions and gather relevant data and information from different sources to investigate an economic or business issue. They interpret data to identify trends and relationships. They propose a range of alternative responses to an issue and evaluate the costs and benefits of each alternative. They apply economics and business knowledge, skills and concepts to familiar and unfamiliar problems. Students develop and present evidence-based conclusions using appropriate texts, subject-specific language and concepts. They identify the effects of an economic or business decision and the potential consequences of alternative actions.
 

Content descriptions

Economics and Business Knowledge and Understanding

Influences on the ways people work and factors that might affect work in the future (ACHEK031).

Economics and Business Skills

Develop questions about an economic or business issue or event, and plan and conduct an investigation or project (ACHES032).

Gather relevant data and information from a range of digital, online and print sources (ACHES033).

Interpret data and information displayed in different formats to identify relationships and trends (ACHES034).

Apply economics and business knowledge, skills and concepts in familiar and new situations (ACHES036).

Present evidence-based conclusions using economics and business language and concepts in a range of appropriate formats, and reflect on the consequences of alternative actions (ACHES037).

Teacher resources

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Video

The sharing economy

Student learning resources

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Explainer

Sharing economy

 
Worksheet

Sharing economy

 
Investigation

The sharing economy and the changing nature of work

Suggested activity sequence

This sequence is intended as a framework to be modified and adapted by teachers to suit the needs of a class group. If you assign this activity to a class, your students will be assigned all student resources on their 'My learning' page. You can also hand-pick the resources students are assigned by selecting individual resources when you add a work item to a class in 'My classes'.

  1. Brainstorm the meaning and examples of the sharing economy.
  2. Use a grouping strategy to organise students into pairs.
  3. Pairs of students read the explainer and complete the worksheet.
  4. As a class, brainstorm how work has changed and how it will change in the future including the emergence of the sharing economy. Possible prompts include:
    • What jobs have disappeared due to artificial intelligence or automation?
    • How did the global pandemic affect the way people work?
    • Do you think this development will continue?
    • What jobs have been created by the sharing economy?
    • How does the sharing economy change the way people work?
  5. Pairs of students complete the investigation.
  6. Use a discussion strategy for students to share their conclusions with other students.
  7. Invite students to share conclusions with the class.
  8. Play: The sharing economy. This video gives a definition of the sharing economy and the tax obligations that providers may have.
  9. Think-pair-share: What might be the tax implications for people participating in the sharing economy?