the way in which the local government finances some of its local spending by imposing charges on citizens and corporations

the process of improving and revitalising urban or rural areas through investment to boost the local economy and community wellbeing

the transfer of some powers from the Government to local authorities in different geographical areas across the UK

a UK Government initiative aimed at reducing regional inequalities by investing in infrastructure, skills, businesses and community

How does taxation support the growth of the local economy?

Citizenship

How does the local economy affect our lives?

How can communities improve the local economy?

How can shopping locally and sustainably help the local economy?

How have shopping habits transformed over time?

What drives a successful nighttime economy?

Using the example of sustainability, students consider the local economy and its impact on citizens and their local communities.

How can the local economy support sustainability?

Subjects which particular individuals may be sensitive to, eg, adoption, migration, bereavement or death, divorce, poverty, deprivation.

Depiction or discussion of sensitive content

the local government finances its spending by charging citizens

improving and revitalising urban or rural areas through investment

the transfer of some powers from the Government to local government

reducing regional inequalities by investing in things like education

Local taxation supports the local economy by funding services, infrastructure, and business ...

Which of the following is an example of a regeneration project?

business support grants for local start-ups

Which of the following is *not* funded by local taxation?

Regeneration projects help to attract {{}} businesses to previously neglected areas, increasing jobs and economic activity while still keeping money in the local community.

Match the start of the sentence with its ending.

How many employees are typically in a small business?

Markets and {{}} unions support local economies by providing goods, offering essential services to residents and helping them manage their finances responsibly.

They provide job opportunities for local people.

They reduce job competition in big companies.

They rely only on volunteers instead of paid staff.

What is one main reason why small businesses are important for employment?

in the local economy by supporting other local businesses.

essential public services like schools and hospitals.

fresh produce and products from independent traders.

their communities through events and charitable donations.

Small businesses are key drivers of {{}} because they bring new ideas, develop unique products and respond quickly to changes in the economy, helping them to grow and remain successful.

Only big companies help local economies grow.

Small businesses contribute nothing to public services.

Small businesses keep money circulating in the community.

Small businesses do not pay taxes like large ones do.

Which of the following is a true statement about how small businesses support the local economy?

How does taxation support the growth of the local economy?

Lesson outcome

Content guidance