Economics & Business

The business of wool

As a commodity, wool is highly influenced by consumer demand in a global market place. The Learn About Wool resources provide an ideal opportunity for Year 7 students to examine how the Australian wool industry responds to consumer needs and demands, particularly in light of a global trend towards more sustainably produced food and fibre sources.

The following curriculum-based resource package includes a variety of interactive resources, including downloadable PDF factsheets, websites age-appropriate video clips and publications.

A range of Learn About Wool (primary and secondary) factsheets is available to meet the needs of a wide range of students, and can be accessed from this site.

Links with the Australian Curriculum

Students can investigate the following resources to help them examine how businesses respond to the demands of consumers, for example preference for sustainably produced, natural fibres.

Economics and business | Knowledge and understanding

The ways consumers and producers interact and respond to each other in the market (ACHEK017)

Economics and business | Business skills

Opportunities exist to incorporate the full strand depending on the classroom activity being undertaken (ACHES021, ACHES022, ACHES023, ACHES024, ACHES025, ACHES026)