|Source: The Guardian|
We have to admit that our push to include current events on a regular basis has made our learners aware of the government shutdown, as well as the impending crisis looming over the country regarding the debt ceiling. While the United States is not Ancient Rome, the students were quick to see some comparisons in not being able to make payments on the government’s expenses.
Since financial literacy is also an integral part of our curriculum, we continually remind our students that you need to have the money to buy the things you want. Indeed, when they play The Stock Market Game, many do not touch their margins so as not to go into debt.
To help them better understand just how much money the government owes, we showed them this clear and concise infographic from NPR. This visual graph, called a tree map, made it easy for the students to see the breakdown of the $16.8 trillion debt for foreign and domestic expenses.
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