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
Citizenship: a privilege or a right?
Students research what the law says about the rights of individuals to become UK citizens and critically examine whether...
Using Technology for Good
In this lesson pupils will consider the multiple uses of technology and how technology can be used to solve problems. Pupils will be introduced to the example of Trevor Baylis,…
Difficult Decisions
Over a series of short sessions, pupils will have the opportunity to consider simple social and moral dilemmas which may arise in day to day life. Pupils will be encouraged…
More Economics, Money and Managing Resources resources
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...
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...
More Politics and Democracy resources
The G7 (Assembly Pack)
During this assembly pupils explore the history and function of the G7 and are introduced to the sort of discussions held at the annual G7 Summit. They learn about the…
What is Democracy?
This resource pack is the first of a four-part set which has been designed to introduce students to the...
Democracy Ambassadors
What was Democracy Ambassadors? Between April 2018 and March 2019 Young Citizens worked with youth leaders to recruit 1,000...
More KS3 (ages 11-14) resources
Crime and its Impact (SmartLaw Subscription)
Students explore the impact of crime on those surrounding the victim and the perpetrator and consider the financial, physical and emotional ripples that crime can have on a community. Please…
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…
Migration of People
To help you engage your students in the topic of migration Young Citizens have developed a flexible teaching resource...