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
Challenging Stereotypes
This lesson is divided into two parts. In the first section of the lesson pupils will develop an understanding of the term ‘stereotype’, identify examples of stereotypical opinions and discuss…
Climate Change
Learners explore what climate change is and what is causing it. They consider who is responsible for climate change: individuals, politicians, businesses? They are then challenged to think of a…
You Decide! (KS4)
This resource will allow students to critically consider what reasons and ways the government can take to support different...
More Economics, Money and Managing Resources resources
Be Your Own Councillor
Students examine ways in which a fictional town council could spend its budget. They consider the concerns of different...
Climate Action: Circular Economies
During this lesson students explore how the economy can be used to support climate action and create a more...
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
Climate Action: Circular Economies
During this lesson students explore how the economy can be used to support climate action and create a more...
Voting and the General Election
This resource pack is the second of a four-part set which has been designed to introduce students to the...
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...
More KS3 (ages 11-14) resources
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...
Climate Action: Circular Economies
During this lesson students explore how the economy can be used to support climate action and create a more...
Sentencing Guidelines (SmartLaw Subscription)
This lesson asks students to consider the key findings of a harassment trial and conclude what sentence should be given to the guilty party. During the course of the lesson…