
Understanding Economic Progression and Authenticity

Interactive Video
•
Business, Philosophy, Social Studies
•
10th Grade - University
•
Hard

Lucas Foster
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary economic offering during the agrarian economy?
Goods
Services
Experiences
Commodities
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the antidote to the commoditization of goods?
Price reduction
Customization
Standardization
Mass production
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of the experience economy?
Improving quality
Creating memorable events
Reducing costs
Increasing supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which company is mentioned as a premier experience-stager?
Miramax
Starbucks
Disney
Universal Studios
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the speaker, what is becoming the new consumer sensibility?
Price
Authenticity
Availability
Quality
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two dimensions of authenticity discussed?
Cost and availability
Self-direction and other-direction
Supply and demand
Price and quality
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a 'real fake' according to the speaker?
Something that is true to itself but not what it claims to be
Something that is both true to itself and what it claims to be
Something that is what it claims to be but not true to itself
Something that is neither true to itself nor what it claims to be
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