China’s Blackouts Are Shining Light On A New Problem: Energy and Prosperity

Which of the following is considered a strong determinant of prosperity according to the video?

• Access to energy

• Cultural heritage

• Population size

• Military strength

What is the primary sector responsible for energy usage in the United States?

• Residential

• Agriculture

• Transportation

• Healthcare

How does the industrial output of China compare to that of the US when adjusted for purchasing power parity?

• It is almost 200% higher than the US

• It is 50% higher than the US

• It is about the same as the US

• It is lower than the US

What organization is responsible for collecting energy data globally, except for China?

• United Nations

• World Bank

• International Monetary Fund

• Energy Information Administration

What is the main reason for the apparent imbalance in energy efficiency between China and the US?

• Technological advancements

• Population density

• Purchasing power parity

• Differences in climate

What role does energy play in economic wealth according to the video?

• It is both a creator and determinant of wealth

• It is only a determinant of wealth

• It has no significant role in wealth

• It is only a creator of wealth

How is energy described in relation to global economics?

• As a recognized global currency

• As an unrecognized global currency

• As a local currency

• As a digital currency