Adoption of New Currency by Companies

Adoption of New Currency by Companies

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

Created by

Sophia Harris

FREE Resource

The transcript discusses the potential for market manipulation by large retailers and airlines if they were to adopt a currency, thereby increasing its value. It highlights the opportunities for misconduct and manipulation in such scenarios.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial idea discussed in the video regarding large retailers and airlines?

They should avoid new currencies.

They should merge with smaller companies.

They should adopt a new currency to increase its value.

They should invest in real estate.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies are mentioned as potential adopters of a new currency?

Tech startups

Local grocery stores

Walmart and Home Depot

Small airlines

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected outcome if major companies adopt a new currency?

Dramatic increase in currency value

Decrease in currency value

Currency becomes obsolete

No significant change

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential issues are raised regarding the adoption of a new currency by major companies?

Higher taxes

Decreased customer trust

Market manipulation and bad behavior

Increased competition

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the final concern mentioned in the video?

Lack of regulation

Slow adoption rate

Market manipulation

High transaction fees