Learners follow the step-by-step process the U.S. Government uses for creating the federal budget. The topics of budget surpluses and deficits and the federal deficit are covered.
Learners examine how the National Debt occurs and trace its history from the time of the Revolutionary War through the present.
In this learning activity you'll identify the difference between needs and wants related to building a personal budget.
Students are provided with a Monthly Expenses Worksheet to help them understand the basics of budgeting, income, and spending.