Exploring Economic Concepts through Back to the Future

Exploring Economic Concepts through Back to the Future

Assessment

Interactive Video

Social Studies

9th - 12th Grade

Hard

Created by

Jackson Turner

FREE Resource

The video explores economic themes in 'Back to the Future', comparing the US economy in 1955, 1985, and 2015. It discusses GDP growth, inflation, and unemployment types, highlighting economic changes over time. The video also touches on future predictions and the role of economists in analyzing economic indicators.

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10 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

In which year did Marty McFly travel to in the movie 'Back to the Future'?

2015

1975

1985

1955

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three main economic goals mentioned in the video?

Growth, Stability, Employment

Growth, Unemployment, Price Stability

Growth, Employment, Inflation

Growth, Unemployment, Inflation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the nominal GDP of the U.S. in 1955?

$415 billion

$2.78 trillion

$4.2 trillion

$7.7 trillion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did the real GDP adjusted for inflation grow from 1955 to 1985?

Three times

Ten times

Twice

Five times

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is frictional unemployment?

Unemployment due to obsolete skills

All of the above

Job loss due to recession

Being between jobs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What causes cyclical unemployment?

All of the above

Job switching

Technological changes

Economic recession

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unemployment rate in the U.S. in 1955?

About 4%

About 6%

Less than 1%

About 10%

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