an amount of money owed by the Government that has effects on the country's economy

a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases or a combination of both

How does the Government control debt?

Citizenship

This unit develops pupils' knowledge and understanding of the UK economy and helps them appreciate its relevance to them.

Discriminatory behaviour or images, whether on the grounds of race, gender, disability, religion or belief or sexual orientation, or otherwise.

Depiction or discussion of discriminatory behaviour

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

Depiction or discussion of sensitive content

It makes it harder to afford everyday living expenses.

It reduces their need to be financially responsible.

How does national debt affect individuals?

Careful management of __________ debt is needed to balance economic stability with public safety and wellbeing.

amount of money owed by the Government that affects the economy

policies that aim to reduce government budget deficits

a rate charged by a lender of money to a borrower

Match the word to the correct definition.

When {{}} lose confidence in the UK Government’s ability to manage national debt, they may demand higher interest rates on government borrowing.

What do governments often focus on regarding national debt?

Which is **not** a way that the Bank of England helps manage debt through monetary policies?

Which is **not** a reason why responsible borrowing is important for individuals and the economy?

Who do government regulations protect from unfair lending and high interest debt traps?

receiving money from a lender with the agreement to pay it back later

amount of money owed by an individual or organisation to a lender

handling threats to an organisation's capital and earnings

Complete the sentence: The UK Government borrows to support public spending, infrastructure and economic stability during {{}}.

What does borrowing **not** allow the Government to do?

Complete the sentence: Responsible borrowing and awareness of financial __________ help individuals and the economy stay secure.