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This lesson presents students with an introduction to income and wealth. The class will watch an animated YouTube clip that aims to address the meaning of income and wealth inequality in Australia and why it is problematic.
To help students understand the distribution of wealth, they will use their mathematical thinking skills to work out fractions (of a whole) on a number line and in simple data displays – using the current ABS data.
A practical and interactive exercise will encourage students to play a game of Monopoly based on income and wealth inequality statistics. Students should begin to realise how their income and inequality can affect their ability to make purchases (and remain in the game) compared to other players.
Students will:
Students can: