Overview
This resource will allow students to critically consider what reasons and ways the government can take to support different industries and the impact this would have on the economy and wider society. Working in teams they will be challenged to evaluate and pitch what proportion of a fictitious £10 billion grant should be allocated to different industries.
Before taking part, students need to have a basic understanding of taxes and GDP. You might find it helpful to have delivered the lesson What is Tax if you have not previously covered these topics.
More Lessons resources
The Selfish Little Red Hen
In this lesson pupils will read and discuss the tale of the Selfish Little Red Hen who does not offer her friend any help as she prepares for a party.…
An Introduction to Human Rights
In this lesson students will explore our rights and responsibilities and how they are protected in law. They are...
The Golden Statue
In this lesson pupils will read an adapted version of a Buddhist legend that encourages them to reflect on how the generosity with which a gift is given is more…
More Economics, Money and Managing Resources resources
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.
How Should We Farm?
In this lesson pupils will learn about different farming methods. They will consider the advantages and disadvantages of these methods and learn how to identify labels that indicate how food…
Housing Law (SmartLaw Subscription)
In this lesson students explore a range of different housing situations someone can find themselves in. They examine some of the common legal issues concerning housing including common landlord and…
More Politics and Democracy resources
What is a Political Party?
This resource pack is the fourth of a four-part set which has been designed to introduce students to the...
COVID and the Economy
During this session, students will critically examine some of the key economic considerations of the pandemic. They will explore...
What is Democracy?
This resource pack is the first of a four-part set which has been designed to introduce students to the...
More KS3 (ages 11-14) resources
Cyberbullying (SmartLaw Subscription)
According to research by the charity Ditch the Label, 7 in 10 young people have experienced cyberbullying, 20% of whom experience it daily. Support your students to know their legal…
Fake News: The Evolution of Media
In this lesson, students explore how media has changed since the 1900s and the impact this has had on...
Sentencing Guidelines (SmartLaw Subscription)
This lesson asks students to consider the key findings of a harassment trial and conclude what sentence should be given to the guilty party. During the course of the lesson…