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The National Debt--Time to Collect?

Students discuss money they may receive from their parents for birthdays, holidays, allowance or from working. They pretend to have received $20.00 and must allocate funds to buy specified items. Students further pretend that their income will be reduced by 10%. They re-calculate their original budget. Students research the national debt and possible ways to pay it off. They write individual proposals for balancing the budget.

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Resource Details

Grade
1st - 5th
Subjects
Social Studies & History
2 more...
Resource Type
Lesson Plans
Instructional Strategies
Research
1 more...
Year
2005
Usage Permissions
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