US Automakers and Economic Lessons

US Automakers and Economic Lessons

Assessment

Interactive Video

Business, Social Studies

10th - 12th Grade

Hard

Created by

Aiden Montgomery

FREE Resource

The video discusses the challenges faced by US automakers, emphasizing the importance of learning from past mistakes. It highlights the burden of legacy costs on current car prices and critiques the corporate-based social security system in the US. The video identifies systemic issues that hinder flexibility and competitiveness in the American economy, stressing the need for adaptability in a globalized world.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it difficult for the government to let US automakers fail?

They are too small to impact the economy.

They are crucial to the economy.

They have no legacy costs.

They are not important to the economy.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are legacy costs in the context of the US car industry?

Costs for environmental regulations.

Costs for retirees who worked in the industry decades ago.

Costs for current employees' salaries.

Costs for new technology development.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What system is responsible for the legacy costs burdening car prices?

State-funded education system.

Private pension plans.

Government-funded healthcare system.

Corporate-based social security system.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the corporate-based social security system described?

Innovative and adaptable.

Efficient and competitive.

Outdated and a hindrance to growth.

Modern and flexible.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the systemic negative element in the American economy affect?

Labor mobility and flexibility.

Technological advancements.

Environmental policies.

Healthcare systems.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is questioned about the American economy?

Its healthcare systems.

Its flexibility and labor mobility.

Its technological advancements.

Its environmental policies.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the video suggest about the story of the American economy's flexibility?

It is a myth or exaggerated.

It is a well-proven fact.

It is irrelevant to the discussion.

It is universally accepted.

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