Understanding the National Budget

The video tutorial introduces the concept of Budget Day in Trinidad and Tobago, explaining its significance and the role of the national budget. The lesson outlines objectives such as defining Budget Day, stating its date, and identifying the Minister of Finance, Colm Imbert. The tutorial provides a detailed explanation of how the national budget functions, emphasizing the importance of understanding government earnings and expenditures. Students are given an activity to reinforce learning, which involves writing notes and collecting a photo of the Minister of Finance. The lesson concludes with a reminder to stay informed about current events in Trinidad and Tobago.

What is the main topic of today's social studies lesson?

• Budget Day

• Cultural Festivals

• Geography of Trinidad and Tobago

• History of Trinidad and Tobago

What is the purpose of a national budget?

• To plan the country's cultural events

• To outline how the country earns and spends money

• To determine the country's population growth

• To decide the country's educational curriculum

On what date will the budget be presented this year?

• November 5, 2020

• September 5, 2020

• December 5, 2020

• October 5, 2020

Who is responsible for presenting the national budget?

• The Prime Minister

• The Minister of Education

• The President

• The Minister of Finance

Why is it important to know about the national budget?

• To understand how much money the country has and can spend

• To learn about the country's history

• To know the cultural festivals

• To decide the country's educational curriculum

Who is the current Minister of Finance for Trinidad and Tobago?

• Mr. Keith Rowley

• Mr. Stuart Young

• Mr. Colm Imbert

• Mr. Terrence Deyalsingh

What activity are students instructed to do after writing notes?

• Create a budget for their household

• Write an essay on cultural festivals

• Collect a photo of the Minister of Finance

• Draw a map of Trinidad and Tobago

Where should the photo of the Minister of Finance be placed?

• On the classroom wall

• In the social studies notebook

• In the student's diary

• On the school website

What should students do first before sticking the photo of the Minister?

• Watch a video on budgeting

• Draw a picture of the Minister

• Write the budget note

• Read a book about finance

What should parents ensure their children do regarding current events?

• Ignore them

• Stay up to date with them

• Only focus on historical events

• Only learn about cultural festivals