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
Local and Central Government
This resource pack is the third of a four-part set which has been designed to introduce students to the...
Law Makers (SmartLaw Subscription)
In this lesson students examine what the rule of law is and why we need it. They consider how and why laws are made in the UK and what the…
Rights and Responsibilities
In this lesson pupils will develop an understanding of the terms ‘rights’ and ‘responsibilities’ and how they balance one another. They will then discuss and prepare a class charter that…
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...
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…
More Politics and Democracy 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...
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…
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.
More KS3 (ages 11-14) resources
The Big Legal Lesson 2026 (ages 11-18+)
Join the UK's biggest legal education campaign during February 2025.
Magistrates’ Court Mock Trial Competition 2025/26: Preparation Resources (England, Wales, Northern Ireland)
School Guide – This guide contains all of the information to support the lead teacher and support teachers in preparing for the competition. Student Guides – Each student guide contains an…
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...