Activity Introduction

We often only think about the cost of things we buy in terms of the money we had to pay to purchase that object. In this activity you’ll investigate the less obvious costs of the things we buy, and consider their true cost to not just your bank account, but to the world.

This is a good activity for kids to complete independently.

Ideal for: Lower Secondary

Themes:

  • think and connect

Time required: 40 minutes 

Curriculum connections: Economics and Business, Personal and Social Capability, Ethical Understanding, Sustainability

Lesson & Curriculum Details

Curriculum codes: 

Complete lesson for classroom teachers:

Sustainable Circular Flows of Income – Year 7 & 8

Resources Required

  • Device with internet capability
  • Pen and paper (optional)

 

Learning@Home from Cool Australia

Learning@Home resources are designed for parents and teachers to use with children in the home environment. They can be used as stand-alone activities or built into existing curriculum-aligned learning programs. Our Learning@Home series includes two types of resources. The first are fun and challenging real-world activities for all ages, the second are self-directed lessons for upper primary and secondary students. These lessons support independent learning in remote or school settings.

Cool Australia’s curriculum team continually reviews and refines our resources to be in line with changes to the Australian Curriculum.

Worksheets

Student Worksheet

The True Cost Of Consumption - Activity Instructions

We often only think about the cost of things we buy in terms of the money we had to pay to purchase that object. In this activity you’ll investigate the less obvious costs of the things we buy, and consider their true cost to not just your bank account, but to the world.

Investigate a product from the list below and identify the true costs of this product (social, economic and environmental): 

  • Sneakers
  • Chocolate
  • Jeans
  • Cappuccinos
  • Sunglasses.

Research your chosen product online to find out these costs, then produce an infographic describing these costs. Your diagram could be in the style of a circular flow diagram like this one:

This website can help you create your infographic: Canva.

Reflection

The three main players in our economy are households, businesses and governments. What role do you think each group should play in reducing the true cost of the products we consume?

Households (workers and con

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