BrainPOP

Debt

Spending more than you have is a risky enterprise. But sometimes, it can be a wise investment! In this BrainPOP movie about debt, you’ll learn why individuals, businesses, and even governments sometimes need to borrow money in order to invest in the future. Discover how lenders charge interest to borrowers, and how this interest is calculated. Learn why your credit history is so important, and how late payments and defaults affect it. Find out why governments borrow money, and you’ll hear a little about the securities that governments sell. Finally, you’ll learn about America’s burgeoning national debt. Debt is a timely topic, so click this movie and learn more about it!-meta_description=This economics movie explains how personal, corporate, and public debt work; the concept of a personal credit history; and how governments borrow money to function.

Learn More:

What is debt and how do you get in it?

What is the national debt?

What is the debt ceiling?