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Understanding the Impact of Wage Increases on Businesses

Understanding the Impact of Wage Increases on Businesses

Assessment

Interactive Video

Business, Social Studies, Journalism

9th - 12th Grade

Practice Problem

Hard

Created by

Liam Anderson

FREE Resource

California's fast food workers received a 25% wage increase, leading to potential higher prices and business closures. A Central Valley Foster's Freed's closed abruptly, leaving employees surprised and without jobs. Some initially thought it was an April Fool's joke until they received their final paychecks.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage increase did California's fast food workers receive in their wages?

10%

15%

30%

25%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential effect could the wage increase have on restaurants?

Free meals

No change in prices

Higher prices

Lower prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which business closed due to the wage increase?

McDonald's

Burger King

Foster's Freed's

Taco Bell

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the employees of Foster's Freed's receive on the day of closure?

A gift card

Their last paycheck

A promotion

A bonus

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the employees initially react to the closure of Foster's Freed's?

They were indifferent

They were relieved

They thought it was a joke

They were excited

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