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Exploring 'Supply And Demand' by Brecht and Eisler

Exploring 'Supply And Demand' by Brecht and Eisler

Assessment

Interactive Video

Social Studies

6th - 10th Grade

Practice Problem

Hard

Created by

Ethan Morris

FREE Resource

The video discusses the economic principles of supply and demand using rice and cotton as examples. It highlights how keeping these commodities off the market can affect their prices. The transcript also touches on the cost of labor and feeding, emphasizing the economic impact of these factors. The speaker repeatedly questions the intrinsic value of rice, cotton, and labor, focusing instead on their market prices.

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the price of rice if its supply is kept off the market?

The price fluctuates randomly

The price increases

The price remains the same

The price decreases

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do the men who pull the bares go short of rice?

Because they don't like rice

Because they eat too much

Because rice is kept off the market

Because they are paid less

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the effect of keeping cotton off the market during a cold spell?

Clothes become unavailable

Clothes remain the same price

Clothes become more expensive

Clothes become cheaper

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do cotton spinning mills pay high wages?

Because cotton is scarce

Because of government regulations

Because cotton is too plentiful

Because workers demand it

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What makes a man's work more expensive?

The cost of his tools

The cost of his housing

The cost of his feeding

The cost of his transportation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can cooks make a meal cheaper?

By reducing waste

By using more men

By cooking faster

By using fewer ingredients

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the narrator's understanding of rice?

Its origin

Its price

Its nutritional value

Its cultivation process

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