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
Children’s Rights
In this lesson pupils will learn that there are specific rights for children which are set out in the United Nations Conventions on the Rights of the Child. Pupils will…
What is an Infectious Disease?
In this lesson pupils consider how infections can spread rapidly through a population and are introduced to the different infectious agents that cause disease (bacteria, viruses, fungi and parasitic organisms).…
Digital Footprints
In this lesson, pupils explore what a digital footprint is. They consider what is and isn’t appropriate to share online thinking about the impact of this information both now and…
More Economics, Money and Managing Resources resources
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...
You Decide! (KS4)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
Consumer Law (SmartLaw Subscription)
This lesson explores the law concerning buying and selling goods and services highlighting what their rights and responsibilities are as a consumer. The lesson gives students the opportunity to practice…
More Politics and Democracy 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.
Law in Wales
Did you know that the age of criminal responsibility in Wales is ten? In Scotland it is 12. In...
What is a Digital Citizen?
In the delivery of this resource your students will explore what is meant by the term ‘digital citizen’. They...
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...
Voting and the General Election
This resource pack is the second of a four-part set which has been designed to introduce students to the...
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...