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What is the global pattern of pocket money?

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Presentation on theme: "What is the global pattern of pocket money?"— Presentation transcript:

1 What is the global pattern of pocket money?
L.O: To understand how and why pocket money has changed for teenagers.

2 Learning outcomes… All: Students will know that teenage life has changed dramatically I am working at a level 3 Most: Students will understand why teenage life has changed so dramatically I am working at a level 4-5 Some: students will be able to explain why and understand the consequences of teenage life changing I am working at a level 5-7

3 Oliver Twist… Watching this clip write down as many differences between teenagers today and Oliver Twist. So lets look at the reasons for these changes…

4 How much cheaper are cars, TVs, DVDs, phones and computers than they used to be – and why?

5 Cheaper than ever before
“Tesco is offering what it claims is the UK's cheapest digital set-top box. With a price tag of just £10, the Freeview box will certainly sound like a bargain to anyone who forked out over £100 to be in the first wave of Freeview box owners. Sitting next to it on the shelf could be Tesco's newly-launched £9 DVD player, while other supermarkets and the internet are offering equally knock-down prices for a range of electronic goods.” (BBC News, 2007) Source:

6 How much have prices fallen over the last ten years?
90% (£2,500 model now £250) 90% (£300 player now £30) 76% (£400 model now £100) 45% (£20 toy now £11) 40% (£300 camera now £180) 40% (£50 boogie-box now £30) 33% (£90 handset now £60) 50% (£16 disc now £8) Powerful computers DVD players Small TVs and flat monitors Electronic toys Cameras and camcorders Musical equipment Mobile phones CD and DVD discs Source: Dr Mark Perry, University of Michigan

7 Why have prices fallen? There are many reasons for falling prices, but one KEY FACTOR has been the falling costs of making electronic goods. In particular, the low wages paid to workers in China has led to factories being set up there that can produce goods more cheaply than in Europe. Much of what we buy is now imported from China – and is very cheap to buy. The lives of shoppers in the UK and factory workers in China have become inter-connected.

8 Good news “A piece in The Times newspaper last year reported a decline in the number of burglaries, which was put down to the fact that the thieves can no longer get a good price for the items they steal. Who wants to nick a second hand DVD player, when you can buy a new, legal one for £20?” (BBC News, 2005)

9 Your task… In pairs you are to create a script for a new play called “Oliver Rich”. In your script you must convey to your audience: How has teenage life changed? What is life like for teenagers now? Why has these changes occurred? What will life be like in the future for teenagers?

10 3,2,1…ACTION! Read your scripts to the class.
Make sure you are listening carefully.

11 Learning outcomes… All: Students will know that teenage life has changed dramatically I am working at a level 3 Most: Students will understand why teenage life has changed so dramatically I am working at a level 4-5 Some: students will be able to explain why and understand the consequences of teenage life changing I am working at a level 5-7


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