Debt + Associated Risks Reading Packet

Economics reading packet on debt and its risks: students read a passage on credit, interest, down payments and credit scores, then work through vocabulary, supporting-detail and multiple-choice tasks.
Year levels
Year 8
File type
PDF
Preparation
Print ready

Updated Aug 29, 2022

Subject
Social Studies
Topic
Debt, Vocabulary
Resource types
Worksheets
Preparation
Print ready

From the author

About this resource

This resource is a Debt + Associated Risks Reading Packet.

This is a great no prep resource that all you have to do is print and go!

Students will love learning economics as they read an informative passage and apply vocabulary terms.

Worksheets included such as multiple-choice questions and graphic organisers will allow them to show what they know.

These work well for HASS or reading instruction.

Answer keys included.

In the classroom

Teaching tips & learning objectives

Learning objectives

  • Explain the costs and risks of borrowing on credit

  • Define terms such as interest rate, credit score and bankruptcy

  • Identify supporting details for a main idea in an informational text

Skills covered

  • Comparing — sorting the uses and costs of credit in a graphic organiser

  • Vocabulary in context — filling in sentences about credit and debt from a word bank

  • Comprehension — answering multiple-choice questions on the passage

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Resource details

Concepts & topics

Core concepts

  • Credit

  • Interest rate

  • Credit score

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