New
New
Year 11

What does the economy have to do with politics?

I can explain the relationship between the economy and politics.

New
New
Year 11

What does the economy have to do with politics?

I can explain the relationship between the economy and politics.

These resources will be removed by end of Summer Term 2025.

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These resources were created for remote use during the pandemic and are not designed for classroom teaching.

Lesson details

Key learning points

  1. The Government makes key decisions to help the UK economy grow and stay stable.
  2. Support is given to struggling businesses and communities to help them recover.
  3. The economy can be affected by unexpected global events outside government control.
  4. Quick political decisions are sometimes needed to protect jobs and services.
  5. These decisions aim to keep the economy strong during tough times.

Keywords

  • Economy - the state of a country or region in terms of the production and consumption of goods and services and the supply of money

  • Tax - the charges imposed by the Government on citizens and corporations to finance some of its spending

Common misconception

The Government have full control of driving and impacting the economy.

Although the Government play a key role in the UK's economy, it is also impacted by external factors, and when this happens, the Government have to make poltical decisions to protect the economy.


To help you plan your year 11 citizenship lesson on: What does the economy have to do with politics?, download all teaching resources for free and adapt to suit your pupils' needs...

Consider business case studies from your local area, ask pupils if they know of any shops that have closed down post Covid-19, or research whether any local cafes or restaurants took part in the 'Eat Out to Help Out' scheme.
Teacher tip

Equipment

Content guidance

  • Depiction or discussion of sensitive content

Supervision

Adult supervision recommended

Licence

This content is © Oak National Academy Limited (2025), licensed on Open Government Licence version 3.0 except where otherwise stated. See Oak's terms & conditions (Collection 2).

Lesson video

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Prior knowledge starter quiz

Download quiz pdf

6 Questions

Q1.
The charges imposed by the Government on citizens and corporations to finance some of its spending is known collectively as what?

Correct Answer: tax, taxation, taxes

Q2.
Why is the economy important for a country or region?

Correct answer: It affects jobs, prices and how people afford goods and services.
It controls the weather and natural resources available.
It decides the size of the population and where people live.
It sets the rules and laws for how a country is run.

Q3.
Order the words to complete the definition of politics, the way people make...

1 - decisions
2 - about
3 - how
4 - a country
5 - is
6 - run.

Q4.
What can impact the economy?

government decisions only
external factors only
Correct answer: government decisions and external factors

Q5.
What is VAT and how does it affect the price of goods and services?

a discount that lowers prices for customers
Correct answer: a tax added to the price of most goods and services
a fee paid by shops to open a business
a charge for delivering goods to customers

Q6.
The type of democracy where citizens vote for politicians to make law and policy on their behalf is known as what?

rhetorical democracy
rights led democracy
Correct answer: representative democracy
advocacy based democracy

Assessment exit quiz

Download quiz pdf

6 Questions

Q1.
Which person, within government, plays a key role in managing the country's finance?

Correct answer: the Chancellor of the Exchequer
the Chancellor of the Economy
the Council of the Economy
the Head of the Bank of England

Q2.
The tax introduced in 2018, aimed at products with high sugar content, was known as what?

Correct Answer: sugar tax, the sugar tax

Q3.
Match each statement to the correct idea about the Government and the economy.

Correct Answer:government control,the Government acts to protect jobs and services during crises

the Government acts to protect jobs and services during crises

Correct Answer:external factors,the Government must respond to things outside its control

the Government must respond to things outside its control

Correct Answer:political decisions,the Government influences the economy but doesn’t control everything

the Government influences the economy but doesn’t control everything

Q4.
Which Government introduced the Levelling Up policy?

Correct Answer: Conservative, Conservative Government, Conservative Party, The Conservative Government, The previous government

Q5.
The Covid-19 pandemic led to what?

an economic boom
Correct answer: an economic recession
a period of economic stability
economic growth

Q6.
When the Government have to make large spending cuts to tackle economic concerns, this is known as what?

auscultation
astuteness
Correct answer: austerity
dexterity