Overview
Students will explore issues around money, personal and sovereign debt and consider the impact government borrowing has on future generations.
By the end of the lesson students will be able to:
- Describe what debt is and why someone might find themselves in debt
- Explain the difference between personal and sovereign debt
- Examine the impact of personal and sovereign debt
This lesson forms part of our wider collection of Economic and Financial Literacy teaching resources.
More Lessons resources
I Am Unique
This lesson focuses on celebrating diversity and respecting differences. During the lesson pupils will gain an understanding of what it means to be unique through participating in a range of…
Mock Trials Classroom Pack
The Mock Trial Competitions are our longest-running active citizenship experiences. Since 1991, we have provided unparalleled exposure to the...
What Are Human Rights?
In this lesson pupils will explore what human rights are. They will examine individual human rights and discuss why they are of primary importance to all people and society. Pupils…
More Economics, Money and Managing Resources resources
The Government and the Economy
By the end of the lesson students will: Understand key economic terms including taxation, welfare benefits, public spending and...
Why Do We Pay Taxes? (Part 1)
Pupils will learn that public services are largely funded through the payment of taxes to the government. To access this content, register for our School Subscription.
Create a Local Council Budget
Students critically consider the needs of a fictitious town and how to spend it’s £250 million budget wisely. Working...
More Politics and Democracy resources
Brexit: Part 1 – Referendum
Pupils will be given a brief introduction to the European Union. They will learn about why people’s opinions about the EU are divided and the results of the EU referendum.…
The Economy Quiz
In this short, 15 minute activity students use all they have learnt from earlier lessons to complete a quiz...
Migration of People
To help you engage your students in the topic of migration Young Citizens have developed a flexible teaching resource...
More KS3 (ages 11-14) resources
Mock Trials Classroom Pack
The Mock Trial Competitions are our longest-running active citizenship experiences. Since 1991, we have provided unparalleled exposure to the...
The Economy Quiz
In this short, 15 minute activity students use all they have learnt from earlier lessons to complete a quiz...
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...