Term 3 Week 10

EXPLORE / TŪHURA learning intentions:

• We are EXPLORING...Financial Literacy by…. recognising how the government impacts lives - tax system and goods/services provided
• We are EXPLORING...Financial Literacy by… organising expenditure in relating to wants and need
• We are EXPLORING...Financial Literacy by… recognising fixed expenditure and disposable income

Learning Activities

1. On your own and using....
   - your word list
   - the videos above
   - EP tasks
   Draw a diagram that shows where the money goes - when money makes the world go round
   
   Pair Share - with a partner - explain your diagram and listen to their explanation: what ideas can you steal and add to your own diagram
   
   Peer Review - swap diagrams
   

   Watch videos and use PDF resource below - provide feedback 
   What is the economy
   https://www.rbnz.govt.nz/research-and-publications/videos/what-is-the-economy

   What is money
   https://www.rbnz.govt.nz/research-and-publications/videos/what-is-money
   
   
   

2. WATCH: Ages and Stages
   
   
   - The open a create platform like canva, google slides, google draw, padlet so you can create a visual photo collage

Introduction to Tax

1. Tax System BrainPop activity: Link posted in the Google classroom
   
2. Tax System - podcast (LISTEN from the 2min 35 sec mark): https://www.rnz.co.nz/programmes/news-to-me/story/2018847896/news-2-me-tax
Taxes – today is all about money, money, money! You may know how your family buys things, but how does the Government pay for what it does? Who pays your teachers and buys the things to build hospitals and roads?
3. NZ Progressive Tax System
   https://www.ird.govt.nz/income-tax/income-tax-for-individuals/tax-codes-and-tax-rates-for-individuals/tax-rates-for-individuals
   
4. Using your career/job wages/salary on Banqer High and the Tax Brackets above
   - calculate your progressive tax bill
   - you are required to show all working steps
5. Tax positions - current election campaigns - NZ major political parties

Further Learning ...