Understanding Inflation and Corporate Profiteering

Understanding Inflation and Corporate Profiteering

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

Created by

Amelia Wright

FREE Resource

The video discusses the rising inflation in the U.S. and how corporations are using it as an excuse to increase prices and profits. It highlights the role of corporate America, political narratives, and media in shaping public perception. The video also examines corporate earnings reports, revealing that many companies are making record profits despite claiming inflation as a reason for price hikes. It critiques the political and media focus on social spending and labor rights as causes of inflation, instead pointing to corporate profiteering.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the reasons the media attributes to rising inflation?

Increased demand for luxury goods

Technological advancements

Workers demanding higher wages

Decrease in global trade

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the investigation into SEC filings and corporate earnings calls reveal?

Inflation is solely due to government spending

Corporations are struggling financially

Inflation is decreasing

Corporations are using inflation as an excuse to raise prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason corporations are raising prices according to the transcript?

To increase profit margins

To compete with international markets

To improve product quality

To cover increased production costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Tyson benefit from the inflation narrative?

By reducing production costs

By increasing their workforce

By raising prices and increasing profits

By expanding into new markets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does Warren Buffett suggest about businesses and price increases?

Businesses can raise prices without losing sales

Price increases are not accepted by consumers

Price increases lead to decreased profits

Businesses are unable to raise prices

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the Wall Street Journal report about U.S. publicly traded companies?

They are investing heavily in new technologies

They are experiencing losses

They are reducing prices to attract customers

They have larger profit margins than before the pandemic

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do corporations justify price increases to consumers?

By claiming increased production costs

By offering better quality products

By citing inflation as a reason

By reducing the quantity of goods

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