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yr 8 economics - Coggle Diagram
yr 8 economics
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week 5
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consumers need rights because it gives them protection and to be able to fight back against abusive businesses
example if a consumer was given a mouldy product and purchased it they have the right to take it back to the store
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businesses need to be responsible so they have no way possible of losing money by getting sued or having a bad sale of a product or having a bad reputation to the public
responsible consumer
legal- a responsible legal consumer is reading the labels of what your getting and making sure it is ok to buy like say if your allergic to something in the bread but you didn't read the label and you eat it its not the businesses fault its yours
social- being a socially responsible consumer is to look for local produce to support the community looking for the better deals say there is 2 types of bananas Australian grown or indonesian grown you would pick your local which is Australia
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week 6
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artificial intelligence
it means a constellation of technologies from machine learning to natural language processing that allows machines to sense, comprehend, act and learn.
it affects they way people work because it could msk ethere job easier because machines can do it for them or computers people would have less stress
the future of work
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it is people getting smart phones and being able to text and email getting to people much quicker rather than writing a letter change of even companies are giving out smartphones to their workers
poel and workers getting smartphones and computers better technology caused it our generation growing
it might get rid of alot o jobs so it might be a lot harder for the older generations to find new jobs but for the newer generation it would be easy because they grew up with this technology
flexible work
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it is caused by people not being able to work everyday or some days because they have something more important or have something extra to do that day
i don't think that it will change much in the future other than people becoming more lazy and taking advantage of that or it might get ruled out in totally
needs
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a want is something that we don't need but would like to have say like an iPhone 11 because everyone has one
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week 3
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e- enterprise producing products and selling them for money like eb games making games then selling them for money
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l-labour- th e work of people for other companies for money a wage say a person working for kfc to make food
week 9
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they are a company that broke the law or did something so bad but can get away with it because in the country they did it in it may not be a law in place
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monster inc
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it relates to economics because it shows how a business works like behind the scenes and how it gets its money and how it makes its profit
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week 8
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i choose a dog shelter called capture treat release we capture dogs off the street with no homes and treat them sell them or breed them and every one of our dogs is potty trained before they leave to relieve stress off the buyers
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