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The UK and the Wider World & Economy · Summer Term

Government Revenue: Taxes and Borrowing

Understand how the government raises money through various taxes and national borrowing.

Key Questions

  1. Differentiate between various types of taxes (e.g., income tax, VAT, corporation tax).
  2. Analyze the reasons why governments borrow money and the implications of national debt.
  3. Evaluate the fairness and effectiveness of different taxation policies.

National Curriculum Attainment Targets

KS3: Citizenship - Public Spending and TaxationKS3: Citizenship - Managing Money
Year: Year 8
Subject: Citizenship
Unit: The UK and the Wider World & Economy
Period: Summer Term

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