Taxes: Government spending analysis

Activity Description

In this informative worksheet, students will learn about government spending by analyzing various programs and the money spent on them in 2023. Students will understand that the significant amount of money spent by the government comes from taxes collected from citizens.

Activities:

• Spending Data: Students will be provided with a list of government programs and the amount of money spent on each program in 2023.
• Spending Classification: Students will classify each program's spending into one of the six categories: Education, Transportation, Health Insurance Program, Public Assistance, Defence, and Health.
• Total Calculation: Students will compute the total money spent in each category by summing up the amounts classified under each category.
• Guided questions will help students reflect on the significance of government spending and the role of taxes in funding these expenditures.

This worksheet is designed to provide students with a comprehensive understanding of government spending and the role of taxes, enhancing their financial literacy and awareness of public finance.

This worksheet is a classroom-ready interactive and dynamic worksheet that just needs a few clicks to assign to your classroom. The worksheet is auto-scored, teachers just need to open the real-time console and monitor the student progress.

Learning Objective

Through the Quick Start activity, students will delve into the fundamental aspects of government finance. By categorizing government expenses and looking at the billions of dollars spent, they will start thinking about how the government is getting this much money. This activity aims to spark curiosity about the intricacies of taxation and government spending, setting the stage for further exploration into tax concepts and fiscal policies.

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