How does the local economy affect our lives?
Lesson details
Learning outcome
I can explain what the local economy is, how it changes and what impacts it.
Key learning points
- The local economy involves money, businesses and jobs within a community.
- The local economy changes due to business growth, industry shifts, and consumer habits.
- Employment, government policies, transport and public services impact the success of the local economy.
- Investment in infrastructure and business support promotes economic growth.
- A strong local economy creates jobs, supports businesses and funds public services.
Keywords
Local economy - all business activity and wealth creation in a specific area, town or community
Public services - essential needs provided by the Government or local authorities to meet the needs of the public, such as healthcare, education, transportation and safety
Local government - a system of government that operates at a local level providing services to its community
Common misconception
The local economy only depends on businesses and jobs.
While businesses and jobs are important, the local economy is also influenced by government policies, public services, infrastructure and consumer behaviour. Global events like recessions or technological changes can impact local economies.
Teacher tip
Use real-life local examples to make the lesson more engaging and relevant for your pupils. Discuss businesses, infrastructure projects or economic changes in your town or city to help students connect theory to reality.
Content guidance
Depiction or discussion of sensitive content
Supervision
Adult supervision recommended
Licence
Lesson video
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Prior knowledge starter quiz
6 Questions
Q1.What does the economy refer to?
Q2.Local governments get their budget from ...
Q3.Match the position with the person who holds it.
the Prime Minister
the Chancellor of the Exchequer
a government minister
Q4. Tax is paid by every household each month, unless you are exempt.
Q5.Put this government department in order.
Q6.The tax that is taken from people's wages every month is called __________ Tax.
Assessment exit quiz
6 Questions
Q1.Match the word with its definition.
all business activity and wealth creation in a specific area
essential needs provided by local government to help the public
a system of government that operates at a local level
Q2.The local economy changes due to growth, industry shifts and consumer habits.
Q3.Which of the following does NOT impact the success of a local economy?
Q4.How can investment in infrastructure result in a strong local economy?
Q5.A strong local economy creates , supports businesses and funds public services.
Q6.Which statement is correct about the local economy?
To help you plan your 11 citizenship lesson on: How does the local economy affect our lives?, download all teaching resources for free and adapt to suit your pupils' needs...
To help you plan your 11 citizenship lesson on: How does the local economy affect our lives?, 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 How can the local economy support sustainability? unit, dive into the full secondary citizenship curriculum, or learn more about lesson planning.