Section outline

  •                                                                                 EXPLORE / TŪHURA   


    We are EXPLORING inflation and deflation by recognising the economic opportunities & challenges faced many Māori.

    We are EXPLORING inflation and deflation by understanding the importance of transportation on economic growth/strength.


                                                                                      Success Criteria: I can...


    • I can recognise the economic opportunities and challenges Māori faced with inflation and deflation.
    • I can understand the importance of inflation and deflation.


    KNOW: Individuals, communities, and societies experience and manage scarcity in different ways and make trade-offs with differing consequences.


    KNOW:     Within Aotearoa New Zealand’s histories, iwi and hapū experimented with new economic opportunities to enhance their mana. In doing so, they built extensive trading networks domestically and with Australia.

    Week 6 Hei Mahi / Activities:

                                                                                           Monday

    • Firstly, you will watch this about how restaurants struggle with rising food costs.
    • Then you will explain which products should’ve prices to go up or down: vape, coke, gum, coffee, toothpaste, medicine, computer, television, furniture, dryer.
    • Afterwards, you will read the article at this link about the difference between inflation and deflation. Summarise in bullet points the main items in your Global Studies books. Illustrate your bullet points as a drawing.
    • Finally, click on this link about inflation rates around the world. In your Global Studies book, write the date and the heading “Inflation Rates.” In small groups, choose one country other than New Zealand. Write 10 reasons for why you think inflation is good or bad for that country.


                                                                                          Tuesday


    • Firstly, you will watch this about fears Wellington will become a ghost town.
    • Then you will explain which products should’ve prices to go up or down: wine, chocolate, wood, no. 8 wire, blokart, ski plane, jet boat.
    • Afterwards, you will read the article at this link about Foodstuffs reporting food price deflation. Then click on this link to see the prices of fresh vegetables at New World. Write the prices of the vegetables from the link about Foodstuffs that you think they would be if the price fell by those percentages. Afterwards, write a conclusion about if you think those prices are reasonable for most people in New Zealand to afford buying.
    • Finally, click on this link about impacts of inflation in New Zealand. In your Global Studies book, write the date and the heading “Impacts Of Inflation In New Zealand.” In small groups, write 10 reasons for why you think inflation is good or bad for New Zealand.


                                                                                           Thursday


    • Firstly, you will watch this about Māori business using science to help enhance Manuka products.
    • Then you will explain which products should’ve prices to go up or down: jewellery, artwork, medicine, blanket, feather cape, basket, treasure box.
    • Afterwards, read the article at this link about what it was like for Māori in New Zealand from 1840 to 1860. Summarise in bullet points the main items in your Global Studies books. Illustrate your bullet points as a drawing.
    • Finally, click on this link about New Zealand’s economy after wars. In your Global Studies book, write the date and the heading “New Zealand’s Economy After Wars.” In small groups, write 10 reasons for why you think inflation or deflation was good or bad for New Zealand after wars.