The sharing economy and the changing nature of work

SubjectEconomics & Business YearYear 8 CurriculumAC v9.0 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 influence the allocation of resources to the production of goods and services. They explain ways that businesses adapt to opportunities in markets and respond to the work environment. They describe the importance of Australia’s taxation system and its effect on decision-making by individuals and businesses. Students explain why individuals and/or businesses budget and plan.

Students develop a range of questions to investigate an economic and business issue. They locate, select and organise relevant information and data. They interpret information and data to identify economic and business issues and trends, and describe economic cause-and-effect relationships. They develop a response to an economic and business issue. They identify and evaluate potential costs and benefits. Students use economic and business knowledge, concepts, terms and research findings to create descriptions and explanations.

Content descriptions

Economics and Business Knowledge and Understanding

Different ways that businesses adapt to opportunities in the market and respond to the changing nature of work. (AC9HE8K02)

Economics and Business Skills

Develop questions to investigate a contemporary economic and business issue. (AC9HE8S01)

Locate, select and organise information and data from a range of sources. (AC9HE8S02)

Interpret information and data to identify economic and business issues, trends and economic cause-and-effect relationships. (AC9HE8S03)

Create descriptions and explanations, using economic and business knowledge, concepts and terms, and referencing information and data from sources. (AC9HE8S05)

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?