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[BASIC] Class #002 - Japan's Economic Decline | March 5, 2024

Authored by Kilton Fernandes

English

1st - 5th Grade

CCSS covered

[BASIC] Class #002 - Japan's Economic Decline | March 5, 2024
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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country has lost its place as the world's third-largest economy?

Australia

India

Germany

China

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Japan's nominal gross domestic product for 2023?

5915 trillion yen

$4.5 trillion

$4.2 trillion

2/3 of Japan's population

Tags

CCSS.6.RP.A.3B

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When did Japan become the second-largest economy in the world?

2020

1968

2010

2026

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the direct causes of Japan slipping to number four in the global economy?

Weaker Yen and strong inflation in Germany

Near zero growth in global trade

Shrinking population and low wages

Both A and B

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a stark difference in how Japanese employers have been paying their people over the past three decades?

Virtually unchanged wages

More than double wages

No difference in wages

Both A and B

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a weaker Yen mean for Japanese consumers?

Lower prices for imports

Higher prices for imports

No impact on imports

Increased exports

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the challenges for Japan to regain its economic strength?

Investing more in people

Building a resilient supply chain

Working closer with Asian countries

All of the above

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