the act of receiving money from a lender with the agreement to repay it later, usually with interest

a person, business or government that takes money from a lender and agrees to repay it under specified terms

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

How is the Government responsible for borrowing?

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

Depiction of war, threats of war, death or the aftermath of war.

Depiction or discussion of violence or suffering

Depiction or discussion of violence or fighting, including threats of violence or the aftermath of violence.

What does borrowing **not** support during crises?

What protects borrowers from unfair lending and high interest debt traps?

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

person/business/government that takes money from a lender

receiving money from a lender with the agreement to repay it later

Match the word to the correct definition.

Excessive borrowing can limit future investment and create financial {{}}.

The UK Government borrows when tax __________ is insufficient to fund essential services.

Which organisations help the UK manage risks through international cooperation?

Financial oversight, including FCA investigations, ensures __________ follow regulations and protects the economy.

the charges imposed by the Government on its citizens

handling threats to an organisation's capital and earnings

Match the words to the correct definition.

What must the Government work hard to manage in every area of life to keep the economy stable and balanced?

Which does **not** strengthen national risk management?

Risk management strategies strengthen economic resilience, protect jobs and ensure long-term {{}}.