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
Ethics, Innovation and the Law
Aimed at KS4 and Post-16, your students will: Explore the way technology is developing and the impacts this has...
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
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...
The Government and the Economy
By the end of the lesson students will: Understand key economic terms including taxation, welfare benefits, public spending and...
COVID and the Economy
During this session, students will critically examine some of the key economic considerations of the pandemic. They will explore...
More Politics and Democracy resources
An Introduction to Human Rights
In this lesson students will explore our rights and responsibilities and how they are protected in law. They are...
Democracy (Part 1): What is a General Election?
This lesson forms the first part of a three-part unit on Democracy. Pupils explore the meaning of ‘democracy’, and the ways in which citizens can participate in democratic life in…
The G7 (Lesson Plan)
During this two lesson resource pupils learn about the G7 and take part in a mock G7 Summit meeting. During the first lesson pupils explore the history and function…
More KS3 (ages 11-14) resources
What is Debt?
Students will explore issues around money, personal and sovereign debt and consider the impact government borrowing has on future...
What is Tax?
During this lesson, students will look at the purpose and collection of taxes. They will explore how public services...
Filter Bubbles: Tell Me What I Want To Hear
A “filter bubble” describes how algorithms limit and skew the information users see on the internet. In this lesson,...