Year 11 - Citizenship
How does the local economy affect our lives?
How can the local economy support sustainability?
Study Hub
Study Guides
This pupil-friendly study guide includes a unit summary, clear notes, common mistakes, and quick questions with answers.
Unit Summary
Using the example of sustainability, students consider the local economy and its impact on citizens and their local communities.
Lesson Summary
You will learn to explain what the local economy is, how it changes and what impacts it.
Key Notes
- 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.
Vocabulary To Learn
- 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 Mistakes To Avoid
- The local economy only depends on businesses and jobs.
3 Quick Questions (With Answers)
1. Explain the lesson in two key 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.
2. What does this key word mean in this lesson? 'local economy'
all business activity and wealth creation in a specific area, town or community.
3. Correct this common mistake.
Mistake: The local economy only depends on businesses and jobs. Correction: 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.
More Lessons In This Unit
- How can communities improve the local economy? Study Guide
- How can shopping locally and sustainably help the local economy? Study Guide
- How does taxation support the growth of the local economy? Study Guide
- How have shopping habits transformed over time? Study Guide
- What drives a successful nighttime economy? Study Guide
Browse all guides in the Year 11 Citizenship guide library.