How can investment and finance transform communities?
I can explain how investment improves local areas and how finance affects communities.
How can investment and finance transform communities?
I can explain how investment improves local areas and how finance affects communities.
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Lesson details
Key learning points
- Investment stimulates local economies by generating employment and attracting business activity.
- Effective financial management enables investment in infrastructure, education and housing.
- Financial mismanagement can result in reduced public services and weakened economic confidence.
- Recent UK examples are: Sunderland’s regeneration, Cardiff’s commercial development and Croydon’s financial issues.
- The impact of finance on communities is determined by the quality and focus of financial decision making.
Keywords
Investment - the action of putting forward money, time or effort with the aim of making a profit or other benefit
Investors - people or organisations who put money into stocks or property, with the aim of making a profit
Local economy - the state of an area in terms of the production and consumption of goods and services and the supply of money
Common misconception
Investment always makes a local area better straight away.
Investment usually takes time to show its effects, and sometimes it can create challenges like rising rents or traffic before the benefits are fully seen.
To help you plan your year 11 citizenship lesson on: How can investment and finance transform communities?, download all teaching resources for free and adapt to suit your pupils' needs...
To help you plan your year 11 citizenship lesson on: How can investment and finance transform communities?, download all teaching resources for free and adapt to suit your pupils' needs.
The starter quiz will activate and check your pupils' prior knowledge, with versions available both with and without answers in PDF format.
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The assessment exit quiz will test your pupils' understanding of the key learning points.
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Explore more key stage 4 citizenship lessons from the How can we prepare well for financial decision making? unit, dive into the full secondary citizenship curriculum, or learn more about lesson planning.
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Adult supervision recommended
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Lesson video
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Starter quiz
6 Questions
this helps you stay in control of your money
this means you can challenge illegal fees or poor conditions
you need to be aware of extra costs like energy and internet
You can be taken to court for not paying your rent.
Gas appliances must be checked and maintained.
Broken heating should be mentioned to the landlord.
Exit quiz
6 Questions
putting forward money, time or effort with the aim of making a profit
an area in terms of production and consumption of goods and services
people or organisations who put money in to make a profit