1. Resources Home
  2. Primary
  3. Economics
  4. Global economy
Money, Debt and inequality

Money, Debt and inequality

When I ask my students: ‘What is money?’, they hardly ever know. Most adults don’t either. This lesson looks at what money is, how the banking crisis happened, what the difference between good debt and bad debt is, and the current global inequality in wealth. It includes individual and group work activities, as well as whole class discussions, to try and stimulate students understanding and critical engagement with the world as it is. A lesson that could work as an introduction for economics, PHSE, SEAL, SMSC and Careers lessons for children aged 11+. Extensions, start and plenary are included to aid differentiation and the learning journey. Learning questions also increase in difficulty as the lesson progresses. Learning questions include: What is money? What’s the difference between good debt and bad debt? What is crypto-currency? Extension: Is financial inequality out of control, and if so how can it be resolved? Instructions on how to use the resource are in the notes of the powerpoint, which also includes a number of youtube videos, and included here is also a short word document which has some of the debate about where money originated from and what preceded it. This document is made from a summary of Graeber’s recent work and watching the ‘crash course’ video on money. Adam Smith’s idea that barter preceded minted coinage seems, in recent academia, to be incorrect. Rather, minted metal coinage seems to have been part of a ‘military-mining-slavery complex’ where wars created slaves to mine metal to pay soldiers.
DavidFew
The World News Crossword - February 18th, 2018

The World News Crossword - February 18th, 2018

The World News Crossword - February 18th, 2018 is a crossword based on the events of last week’s news. It’s a simple PDF sop it downloads quickly, is easy to print, and can be stored on a USB drive for use later. (There are 3 bonus crosswords - Egypt, China, and Japan, in the PDF and all of the answers are included too.) Of course, this activity is less about the events around the world and more about why and the discussions and debates that come from asking why. Why have so many orangutans died in the past 10 years? Why would people in Japan pay to go on a virtual-reality trip to Paris? Why are suicide bombers in Nigeria killing people in a fish market? And what’s so important about discovering new antibiotics? What did happen in the world in the last week? Australia’s PM and Deputy PM had a spat. Poland’s PM got a telling off. South Africa’s president resigned. And The Netherlands’ foreign minister resigned too. And so did Ethiopia’s PM. A plane crashed in Iran and a helicopter crashed in Mexico. There was an earthquake in Mexico and one in England and wales too. An Iranian wrestler threw a match so that he’d not have to wrestle against an Israeli. In India a woman pretended to be a man and duped two women into paying to marry him. And an Indian tycoon is on the run having duped a bank out of about $1.8 BILLION!! US scientists discovered a whole new family of antibiotics while Canadian scientists discovered a Picasso painting was a painting on top of another painting.
BFP
Fairtrade fortnight short input presentations lessons

Fairtrade fortnight short input presentations lessons

5 short 5-minute informative presentations on the different aspects of Fairtrade. Designed to be taught over fairtrade fortnight (27/2/18 - 11/3/18). Discusses what it is, why we have it, and why it is good. 1 - What is Fairtrade? 2 - Fairtrade Minimum Price 3 - Producing food 4 - Fairtrade products 5 - Getting involved Includes a poster to display in the classroom.
EJH95
The World News Crossword - February 11th, 2018

The World News Crossword - February 11th, 2018

The World News Crossword - February 11th, 2018 is a simple pdf document so it's easy to download and easy to print (or save to a USB for later). The World News Crossword is a crossword based on the events in last week's news. (And there are two more BONUS puzzles.) Norway's Winter Olympic team's chefs ordered 13,500 too many eggs. (They could've made a HUGE pavlova cake.) Justin Trudeau got in trouble for suggesting peoplekind instead of mankind. Germany's police investigated a teenager being burnt at a witches' festival. Formula 1 announced it will replace its grid girls, with grid kids, (but is that better or worse?) Paris' Eiffel Tower was closed because of snow. China's police started using sunglasses with cameras and face recognition software, to find criminals. An Indian woman accused her husband and brother in law of stealing her kidney. It wasn't all silly though... last week police in Scotland were called to a farm where a tiger was reportedly on the loose. That was serious. Oh but it was a big fluffy toy tiger on the loose.
BFP
Macroeconomics and Microeconomics Notes and Mindmaps

Macroeconomics and Microeconomics Notes and Mindmaps

This resource contains a range of mind maps for aggregate demand and macroeconomics alongside some examples of essays and notes. Moreover there are microeconomic notes as well included. This is perfect for revision
dkchauhan
Research Commonwealth Games - Differentiated worksheets

Research Commonwealth Games - Differentiated worksheets

2 differentiated worksheets for recording research about the Commonwealth Games. Used with a primary 3 class using the youngcommonwealth.org website but suitable for a variety of ages or for less able upper primary. The LA worksheet asks direct questions from the website whereas the HA leaves open to record any facts. Each sheet contains a blank flag for pupils to draw the commonwealth flag.
snowglobe_eml1409
Supply and Demand Exit Ticket Assessment

Supply and Demand Exit Ticket Assessment

Check out this simple and direct assessment on supply and demand. Presented through scenarios, students will have to identify what the supply is and what the demand is. The last question includes completing the statement. This is best used as independent work or an exit ticket to offer a snapshot of students' understandings. An answer key is included for your convenience!
myeducationalhotspot
Student Proposed Business Plan Project (Differentiated)

Student Proposed Business Plan Project (Differentiated)

Check out this awesome cooperative learning activity. Within this differentiated lesson, students will develop a business plan based on a need in their world, will identify components such as the consumer, the production, cost, supply and demand, need and want and more. The template comes in three varieties so you can meet the needs of all students and multiple grade levels. A one-pager is included clearly articulating how to implement this in your classroom. From brainstorm, to implemetation to presentations, this week long project will challenge your student to problem solve, think critically, collaborate, synergize, and be creative, all while applying economic concepts and business thoughts. Have fun!
myeducationalhotspot
Social Studies Notebook Evaluation Rubric

Social Studies Notebook Evaluation Rubric

Check out this simple and student-friendly rubric which is meant to be used to evaluate student Social Studies journals. The rubric is broken into four categories, of which students can score between a 1 and a 4. Each score for each section includes explicit description of what you need to obtain that score. A guide on the bottom shows how to calculate up to a percentage grade. This is meant to be provided to the students, so they know what is expected of them with the journals, and then used to grade at the end of the quarter, or semester, or year. Sections included cover topics of Organization, accuracy, elements, and illustrations. Best wishes! Be sure to also check out my other rubrics as well!
myeducationalhotspot
Shark Tank Inspired Invention and Advertisement Creation Challenge Project

Shark Tank Inspired Invention and Advertisement Creation Challenge Project

Check out this incredible project that is inspired by Shark Tank. Included in this large packet, you will find directions for the teacher, directions for the students, challenge sheet with an explanation hook, templates for each stage of the invention and advertisement process and a clear rubric to convey expectation. Presented in a fun and student-friendly format, students will create an invention, whether real or not, will discuss the need for the invention and then create an advertisement to hook buyers. It is intended to take five days, with clear expectations for each day, as each lesson scaffolds on the next. Students will love applying their learned concepts of supply and demand, needs and wants, and helping people make their lives easier through their inventions. One of our favorites :)
myeducationalhotspot
Econ Game

Econ Game

This is a game for 4 to 6 players to teach basic economic terminology. Players move around a board collecting resource cards which they need to turn into Super Resources to win the game. Bonus and Chance cards mix things up each round. Players can trade with each other to get the required resources too. Economic terms students will learn about while playing include: deflation, embargo, exports, GDP, GDP per capita, globalization, hyperinflation, imports, inflation, monopoly, protectionism, quota, resources, scarcity, standards, subsidies, surplus, tariff, trade barrier, and trade deal. The game comes with a glossary to explain all the terms used. Appropriate for grades 4 and up. The game comes in a pdf format. The game board and cards need to be printed on card stock and cut up.
merylvdm