Switzerland - The Land of the Rich & Home of the Bank?: Economic Philosophy Of Switzerland
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Business, Social Studies
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7th - 12th Grade
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Hard
Wayground Content
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What makes Switzerland an attractive location for the world's elite?
Its natural resources
Its tropical climate
Its large population
Its favorable privacy and taxation laws
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is considered Switzerland's main economic asset?
Oil reserves
Manufacturing capabilities
Confidence
Large domestic market
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do people have confidence in Switzerland's economy?
Due to its large natural resources
Because of its political stability and neutrality
Because of its high population
Due to its tropical climate
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has limited the activity of storing ill-gotten gains in Swiss banks?
Increased background checks since the early 90s
Higher interest rates
Lack of privacy laws
Decreased global demand for banking services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are Swiss banks popular despite negative interest rates?
They provide free banking services
They offer high returns on investments
They are seen as the ultimate safe zone for cash
They have no regulations
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Apart from banking, in which industry does confidence play a key role in Switzerland?
Agriculture
Tourism
Textile industry
Automobile manufacturing
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is Switzerland a leader in high-end watch manufacturing?
Due to its large workforce
Because of its natural resources
Because people have confidence in Swiss products
Due to its tropical climate
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