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
You Decide! (KS3)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
Being Part of a School Community
During this lesson pupils recap what we mean by the term active citizen. They consider what qualities and skills an active citizen should have and explore how these skills and…
Preventing Infectious Diseases
This lesson should be delivered as a follow-up to the lesson ‘What is an infectious disease?’ In this lesson pupils will recap their knowledge of infectious diseases, they will then…
More Economics, Money and Managing Resources resources
Employment Law (SmartLaw Subscription)
During this lesson students explore the law that applies to young workers and what they can do if they believe their legal rights at work are not being upheld. To…
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.
The Economy Quiz
In this short, 15 minute activity students use all they have learnt from earlier lessons to complete a quiz...
More Politics and Democracy resources
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…
Being An Online Citizen
During this lesson pupils consider their rights and responsibilities as digital citizens, focusing on how the online world can be used as a force for good. Pupils consider what skills,…
More KS3 (ages 11-14) resources
You Decide! (KS3)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
Bar Mock Trial Competition – Support Videos
Preparing for the Bar Mock Trial Competition? Watch these video explainers, demonstrations and expert tips on key aspects of criminal trials. To access this content, register for our Bar Mock…
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...