The document discusses the UK economy and its three sectors: the public sector, private sector, and third sector. The public sector is funded by taxes and provides services like healthcare, education, police, and fire departments. The private sector consists of businesses trying to make a profit like supermarkets and clothing shops. The third sector is made up of non-profit organizations where any profits help people in need, such as charities.

1. Well-being Happy Friday! Economy (money)

2. Last lesson - our set of rules! This classroom now has a set of rules. These rules were created by all of us. To make the rules work, each individual must try their best to carry them out.

3. Starter activity Money makes the world go around, the world go around, the world go around… Quick think - who pays for the electricity bill that runs through London’s street-lamps? Quick think - who will pay your MI5 wages?

4. Chain of economy Citizens Government Council

5. Government Hospitals Schools Police Fire Brigade Army MI5

6. Quick think! You have 30 seconds to choose three objects that represent you. Make sure they play a major part in the make up of your identity.

7. Business TV industry Banking Music industry Supermarkets Clothes shops Manufacturing

8. Quick think! Have you or your family done anything for a charity or the community recently?

9. Third sector Charities Voluntary work NGO - (non-government organisations)

10. Match the job to the sector Government Business Charity Hospitals

11. The UK economy system The UK economic system is made of three parts. The public sector - government The private sector - business The third sector - charity

12. Public sector The public sector (or the state) is funded by society. Individuals pay money (taxes) to the government to make sure that there are services for citizens to use. Services such as hospitals (health care), police, schools (education), the army the fire brigade etc.

13. Private sector The private sector is made up of businesses that are trying to make profit, and are not controlled by the state. Companies such Tesco, McDonald’s, Sainsbury’s, Nike, Microsoft etc.

14. Third sector The third sector is made up of private companies that are non-profit organisations. Any profit made by third sector companies is used to help people who need it in society. Charities such as Scope, The Red Cross, Oxfam etc.