Understanding Australia's Economic Development and History

Explore the economic future of Australia through units focusing on financial literacy, government structure, historical context, and current affairs. Dive into key concepts such as small business initiatives, taxation, colonial history, and governmental systems, all contributing to shaping Australia's economic landscape. Learn about important vocabulary related to finance and various economic factors. Engage with study guides, pre-tests, and practical activities to enhance your understanding of Australia's economic journey.

• Australia
• Financial literacy
• Government structure
• Economic development
• Historical context

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1. Unit 5: Your Financial Future

2. Opening Activity: (hook/link 5-10 min): 4/14 Engaging: Pre-Test

3. Work Time Activities (students do 30 min) Pretest Launchpad Performance Matters (Unit 5 Pre-Assessment)

4. Opening Activity: (hook/link 5-10 min): 4/15

5. Work Time Activities (students do 30 min) Vocabulary commission income minimum wage mortgage wage salary budget expenses savings debt liquid income credit loan lender interest bank

7. Australia

8. Study Guide Unit 4 Australia 1.In the late 1700s the British government used the colony of Australia as A.a location in which to build new factories. B.a prison to which criminals could be sent. C.a military base to replace the African colonies. D.a source of resources like coal and iron. 2.Australia's government power is divided between one central and several regional authorities. Name the type of government. A.Unitary B.Confederation C.Federal D.Autocratic

9. 3.You are watching a speech by the Prime Minister of Australia on T.V. with your parents. The Prime Minister is explaining a plan for improving the Australian economy. In the speech, the Prime Minister says: We must make it easier for Australians to open small businesses. My plan will give tax breaks and incentives to Australians who want to start their own small business... The Prime Minister s plan is based on the conclusion that: A.Investing in human capital will increase the country s gross domestic product (GDP). B.Promoting entrepreneurship will improve economic development. C.Investing in capital goods will increase the country s gross domestic product (GDP). D.A tariff on goods imported from other nations will help Australian businesses compete.

10. 4.Why did so many aborigines die from diseases after European colonization of Australia? A.Europeans brought new diseases to Australia B.Eating habits changed C.An increased need for sewage facilities D.A shortage of soap 5.The British colonized Australia and made a penal colony for prisoners. 5. Why did the British use Australia as a place to send prisoners? A.Australia s remote location B.Australia s proximity to England C.Pre-existing prison facilities D.Australia was encouraging migration at the time

11. 6. Which THREE of the following statements about Australia are true? A.Australia is a federation. B.Australia is a unitary state. C.Australia is parliamentary democracy. D.The prime minister is the head of state in Australia. E.The prime minister is the head of government in Australia.

12. Look at the graph. Then answer any questions that follow. (I could not get graph on here 7. Based on the graph, which of these statements is correct? A.Australia produces more petroleum than it uses. B.Australia exports more petroleum than it produces. C.Australia imports more petroleum than it consumes. D.Australia consumes more petroleum than it produces. 8. Based on this graph, what is MOST LIKELY true? 8. A.Petroleum is one of Australia's major imports. B.Petroleum cannot be found on the continent of Australia. C.The citizens of Australia use very little petroleum. D.Australia does not import any petroleum from other countries

13. 9. Mya sails northeast from Brisbane, the capital of the Australian state of Queensland, what body of water will she travel across? A.the Caribbean Sea B.the Coral Sea C.the Gulf of Mexico D.Hudson Bay 10. Giovanni and his family are planning a trip to Australia and want to stay in the Australian state closest to the Great Barrier Reef. Based on this, where should Giovanni and his family plan on staying during her visit? A.Victoria B.Tasmania C.Queensland D.New South Wales

14. 11. Gabrielle is visiting the southern coast of Australia. Which body of water will she likely be able to see during her visit? A.the Great Australian Bight B.the Gulf of Carpentaria C.the Arafura Sea D.the Coral Sea 12. Which body of water lies between mainland Australia and Tasmania? 12. A.Shark Bay B.the Timor Sea C.the Bass Strait D.Gulf Saint Vincent

15. I could not get the map on here. Look at the map of Australia. Then answer the questions that follow. The Great Barrier Reef is located off the coast of which territory or state of Australia labeled on the map? 13. A.I B.II C.III D.IV

16. Answer Key for Study Guide Unit 4 1. B 2. C 3. B 4. A 5. A 6. A, C, E 7. D 8. A 9. B 10. C 11. A 12. C 13. D

17. Opening Activity: (hook/link 5-10 min): 3/30 Engaging: In the late 1700s the British government used the colony of Australia as A.A location in which to build new factories. B. A prison to which criminals could be sent. C. A military base to replace the African culture D.A source of resources like coal and iron

18. B. A prison to which criminals could be sent.

19. Work Time Activities (students do 30 min) Refer to packet/USATestprep- Due Dates moved to 4/3

20. Closing/Summarizing Strategy (10-15 min): Evaluating: In the late 1700s the British government used the colony of Australia as A. A location in which to build new factories. B. A prison to which criminals could be sent. C. A military base to replace the African culture D. A source of resources like coal

21. Opening Activity: (hook/link 5-10 min): 3/31 Engaging: Australia s government power is divided between one central and several regional authorities. Name the type of government. A. Unitary B. Confederation C. Federal D. Autocratic

22. C. Federal

23. Work Time Activities (students do 30 min) Refer to packet/USATestprep- Due Dates moved to 4/3

24. Closing/Summarizing Strategy (10-15 min): Evaluating: In the late 1700s the British government used the colony of Australia as A location in which to build new factories. A prison to which criminals could be sent. A military base to replace the African culture A source of resources like coal and iron

25. Opening Activity: (hook/link 5-10 min): 4/1 Engaging: We must make it easier for Australians to open small businesses. My plan will give tax breaks and incentives to Australians who want to start their own small business The Prime Minister s plan is based on the conclusion that A. Investing in human capital will increase the country s gross domestic product (GDP). B. Promoting entrepreneurship will improve economic development. C. Investing in capital goods will increase the country s gross domestic product (GDP). D. A tariff on goods imported from other nations will help Australian businesses compete.

26. B. Promoting entrepreneurship will improve economic development.

27. Work Time Activities (students do 30 min) Teacher will send study guide Students answer questions on study guide using warm-ups and other resources provided. Teacher will send answers for students to start studying for test.

28. Closing/Summarizing Strategy (10-15 min): Evaluating: We must make it easier for Australians to open small businesses. My plan will give tax breaks and incentives to Australians who want to start their own small business The Prime Minister s plan is based on the conclusion that A. Investing in human capital will increase the country s gross domestic product (GDP). B. Promoting entrepreneurship will improve economic development. C. Investing in capital goods will increase the country s gross domestic product (GDP). D. A tariff on goods imported from other nations will help Australian businesses compete.

29. Opening Activity: (hook/link 5-10 min): 4/2 Engaging: Why did so many Aborigines die from disease after European colonization of Australia? A. Europeans brought new diseases to Australia B. Eating habits changed C. An increase need for sewage facilities D. A shortage of soap

30. A. Europeans brought new diseases to Australia

31. Work Time Activities (students do 30 min) Students will study for test on Friday

32. Closing/Summarizing Strategy (10-15 min): Evaluating: Based on the graph, what is MOST LIKELY true? A. Petroleum is one of Australia s major imports. B. Petroleum cannot be found on the continent of Australia. C. The citizens of Australia use very little petroleum. D. Australia does not import any petroleum from other countries.

33. A. Petroleum is one of Australias major imports.

34. Opening Activity: (hook/link 5-10 min): 4/3 Prepare for test 10 minutes

35. Closing/Summarizing Strategy (10-15 min): Evaluating: Submit test