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Ticket Scalping

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Two hands, one holding a fan of money and the other a couple of tickets to a show.
Ticket Scalping
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The UK government has outlawed reselling concert tickets for profit, after a campaign from some big names in the music industry. Michelle speaks to some Aussie musicians and young people to see if other countries, like Australia, should do the same.

Curriculum Links

HASS, Year 7 (v8.4) The ways consumers and producers interact and respond to each other in the market. (ACHASSK199)

Economics and Business, Year 8 (v9.0) Locate, select and organise information and data from a range of sources. (AC9HE8S02)

Economics and Business, Year 9 (v8.4) The nature of innovation and how and why businesses seek to create and maintain a competitive advantage in the market, including the global market. (ACHEK041)

Economics and Business, Year 9 (v9.0) Processes that businesses use to create and maintain competitive advantage, including the role of entrepreneurs. (AC9HE9K04)

Economics and Business, Year 10 (v8.4) Factors that influence major consumer and financial decisions and the short- and long-term consequences of these decisions. (ACHEK053)

Economics and Business, Year 10 (v9.0) Factors that influence major consumer and financial decisions, and the short- and long-term consequences of these decisions. (AC9HE10K03)

Curriculum Key Concepts
  • Investigate the role and interactions of consumers and producers in the market (for example, demand, supply)
  • Identify and explain factors that influence major consumer decisions
  • Investigate the different strategies businesses use to create competitive advantage

Credits

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