Overview
During this session, students will critically examine some of the key economic considerations of the pandemic. They will explore the actions the Government has taken to save lives and what impact these are having on the economy.
Working in teams they will explore what impact the pandemic had on a specific industry area. Finally, they will be challenged to evaluate what proportion of a fictitious £10 billion recovery grant should be allocated to their industry area.
By the end of the lesson students will be able to:
- Describe a range of the key economic decisions made by the Government during the ongoing pandemic and begin to explain the possible reasons behind these decisions;
- Identify three different ways that the Government has provided support to individuals and businesses over the last 12 months;
- Analyse the economic impact that the pandemic has had on a specific industry area;
- Assess what support a specific industry area might require in order to recover.
Acknowledgment:
These teaching and learning resources were developed in partnership with the global firm, FTI Consulting. We are grateful for their support in boosting young people’s awareness of our democracy, and the ways we can work together to strengthen society for everybody.
More Lessons resources
The Economy Quiz
In this short, 15 minute activity students use all they have learnt from earlier lessons to complete a quiz...
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).…
How Do You Feel Today?
In this lesson pupils will read about Mitali and his concerns for his friend Anna, who appears to be withdrawn and unhappy. Pupils will consider what can make people feel…
More Economics, Money and Managing Resources resources
Who’s Really Paying for COVID?
Young people are, and will continue to be, some of the most impacted by COVID. However their voices have...
Money – Wants and Needs
Pupils will consider the difference between wants and needs and discuss how our wants and needs can influence how we spend money. To access this content, register for our School…
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...
More Politics and Democracy 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...
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...
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...
More KS4 (ages 14-16) resources
Tackling Discrimination (SmartLaw Subscription)
This lesson asks students to explore whether or not we have a moral or legal obligation to tackle discrimination when we see it. It can be delivered as a stand-alone…
How to share learning with your peers
Originally designed to be a companion pack for the Democracy Ambassadors programme, this handy toolkit will support students who...
An Introduction to Discrimination Law (SmartLaw Subscription)
This lesson looks at the history of anti-discrimination law, the different types of discrimination (i.e. direct and indirect discrimination) and how the law deals with discrimination. It can be delivered…
More KS5 (ages 16-18) resources
Social Media and the Law (KS4) (SmartLaw Subscription)
Students explore the law in relation to social media posts, the types of offences that people are committing (whether knowingly or not) and the consequences of these offences. Finally, students…
Who’s to Blame? (SmartLaw Subscription)
This activity is based on the case of R v. Dudley and Stephens (1884) – two sailors accused of murdering cabin boy Richard Parker, after being cast adrift on the…
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…