How does the UK Government manage risk?
Lesson details
Learning outcome
I can explain what risks the UK Government faces and how it prepares for them.
Key learning points
- The UK Government uses risk management to prevent economic instability from cyber attacks and financial downturns.
- Public health planning, like Exercise Cygnus and cybersecurity laws, strengthen national risk management.
- Financial oversight, including FCA investigations, ensures businesses follow regulations and protects the economy.
- Emergency frameworks and international cooperation with organisations like the G20 help the UK manage risks.
- These strategies strengthen economic resilience, protect jobs and ensure long-term stability.
Keywords
Risk - the chance of something going wrong, leading to loss, harm or an unexpected negative outcome
Risk management - the process of identifying, assessing and controlling threats to an organisation's capital and earnings
Common misconception
Only financial risks affect the economy.
The Government must work hard to manage a large range of risks in every area of life, such as health and education, so that the economy remains stable and balanced.
Teacher tip
This lesson mentions terrorism and the threat of it causing harm and suffering. You might choose not to use this slide in your lesson depending on the circumstances and timing.
Content guidance
Depiction or discussion of discriminatory behaviour
Depiction or discussion of sensitive content
Depiction or discussion of violence or suffering
Depiction or discussion of violence or suffering
Depiction or discussion of violence or suffering
Depiction or discussion of serious crime
Supervision
Adult supervision required
Licence
Lesson video
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Prior knowledge starter quiz
6 Questions
Q1.What is the difference between tax avoidance and tax evasion?
Q2.Fill in the blank: Tax-free economies often rely on consumption taxes or privatised services, increasing financial barriers to access.
Q3.How does taxation uphold social equity?
Q4.Fill in the blank: Reducing tax contributions, even legally, reduces revenue.
Q5.What can some people use to find ways reduce their tax bill?
Q6.Match the arguments for and against paying tax to its correct stance.
Assessment exit quiz
6 Questions
Q1.Fill in the blank: The UK Government uses risk management to prevent instability from cyber attacks and financial downturns.
Q2.Match the words to the correct definition.
Q3.Which is not an important reason for the Government to manage risks in areas like health and education?
Q4.Which is not a risk that the Government faces?
Q5.What is one benefit of having emergency frameworks in place?
Q6.Match the government strategy with its aim.
To help you plan your 10 citizenship lesson on: How does the UK Government manage risk?, download all teaching resources for free and adapt to suit your pupils' needs...
To help you plan your 10 citizenship lesson on: How does the UK Government manage risk?, 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.
We use learning cycles to break down learning into key concepts or ideas linked to the learning outcome. Each learning cycle features explanations with checks for understanding and practice tasks with feedback. All of this is found in our slide decks, ready for you to download and edit. The practice tasks are also available as printable worksheets and some lessons have additional materials with extra material you might need for teaching the lesson.
The assessment exit quiz will test your pupils' understanding of the key learning points.
Our video is a tool for planning, showing how other teachers might teach the lesson, offering helpful tips, modelled explanations and inspiration for your own delivery in the classroom. Plus, you can set it as homework or revision for pupils and keep their learning on track by sharing an online pupil version of this lesson.
Explore more key stage 4 citizenship lessons from the What has the UK economy got to do with me? unit, dive into the full secondary citizenship curriculum, or learn more about lesson planning.