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Cashless Society

Authored by NUR ATIKA

English

University

CCSS covered

Used 11+ times

Cashless Society
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10 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

What is being described as the future of physical money in the video?

It will be stored in vaults

It will disappear and become more electronic

It will be minted more efficiently

It will only be found in museums

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

According to the video, why do countries have an incentive to move towards a cashless future?

To increase the cost of operating

To make payments more difficult

To reduce tax evasion and fraud

To promote the use of physical money

Tags

CCSS.RI.11-12.8

CCSS.RI.9-10.7

CCSS.RL.11-12.8

CCSS.RL.9-10.7

CCSS.RI.8.7

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

What downside is mentioned in relation to the use of digital payments in the video?

Increased privacy concerns

Difficulty in monitoring tax evasion

Potential political interference based on purchasing habits

Enhanced security measures

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

How did cyber-attacks impact banks as highlighted in the video?

They resulted in increased profits for banks

Banks became more secure against attacks

Personal information of account holders was stolen

They led to the closure of many banks

Tags

CCSS.RI.11-12.8

CCSS.RI.9-10.7

CCSS.RL.11-12.8

CCSS.RL.9-10.7

CCSS.RL.8.7

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

In what ways has the shift towards a cashless society been illustrated in China?

A decrease in digital payment usage over the years

A rise in fraudulent activities

A gradual increase in digital payment transactions

A complete ban on digital payments

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What challenge might some people face with the transition to a cashless society as mentioned in the video?

Difficulty in accessing physical money

Problems in understanding internet-banking technology

Limited availability of internet coverage in urban areas

Lack of interest in digital payments

Tags

CCSS.RI.11-12.8

CCSS.RI.9-10.7

CCSS.RL.11-12.8

CCSS.RL.9-10.7

CCSS.RI.8.7

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Who is highlighted as a vulnerable group in society with the move towards a cashless system?

Wealthy individuals

Homeless individuals

High-income earners

IT professionals

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