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Explore the consequences of solutions to the crunch
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Connect the Learning
This module introduces students to the concept of a “credit crunch” and how it may affect us as individuals, communities and as a nation. Connect it to other learning they may have done in relation to personal finance, business and the world of work.
The Big Picture
Young people have increased access to credit. They need to have an understanding of the wider implications of credit and lending, particularly in relation to changes to the economy.
The Learning Outcomes
To understand risk in both positive and negative terms
To understand the need to manage risk in financial and career terms
To take risks and learn from mistakes
To develop a better understanding of the economic and business environment
To gain a better understanding of the functions and uses of money.
Use the PowerPoint presentation TRUWRLCreditCrunchL41 as an introduction to the idea of pressure groups.