The Economy Of The North Pole

The Economy Of The North Pole

Assessment

Interactive Video

Business

7th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video explores the unique economy of the North Pole, highlighting its industrial center and export market. Despite lacking official trade agreements, the North Pole cleverly navigates international trade by classifying exports as gifts. The region's foreign aid, directed at children, raises questions about its revenue sources. The video compares the North Pole's data use to Facebook's, suggesting data commodification as a revenue source. The North Pole's economy is stable and diverse, with a positive future outlook.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What makes the North Pole's economy unique compared to other manufacturing nations?

It has numerous trade agreements.

It focuses on agricultural exports.

It relies on seasonal industries and a vast export market.

It has a large domestic market.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the North Pole manage to export goods without formal trade agreements?

By forming secret trade alliances.

By using digital currency.

By labeling exports as gifts to non-taxpaying residents.

By paying high tariffs.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the North Pole's foreign aid?

Children's initiatives.

Environmental conservation.

Infrastructure development.

Military support.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the North Pole's foreign aid budget compare to China's?

It is larger than China's.

It is about the same as China's.

It is not publicly disclosed.

It is smaller than China's.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge in determining the North Pole's foreign aid budget?

Fluctuating currency values.

Inconsistent aid distribution.

High domestic spending.

Lack of public budget releases.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential source of revenue for the North Pole, according to critics?

International loans.

Natural resource extraction.

Data collected on children's behavior.

Tourism.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the North Pole's data collection compared to Facebook's practices?

It is similar in commodifying user data.

It is more focused on adults.

It is primarily for internal use.

It is less comprehensive.