CLEAN : The world is paying "a very hefty price of war" according to the OECD

CLEAN : The world is paying "a very hefty price of war" according to the OECD

Assessment

Interactive Video

Social Studies, Business

10th Grade - University

Hard

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The video discusses the economic challenges faced by low-income countries due to rising fertilizer prices and energy costs. It highlights the impact of the war on global inflation and the economic slowdown, particularly in Europe. The sanctions on Russia and their effects are examined, along with the forecast for France's economy amidst a European recession.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the major consequences of rising fertilizer prices?

Improved energy efficiency

Economic strain on low-income countries

Decreased food prices

Increased agricultural output

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the war affect global energy prices?

Energy prices decreased significantly

Energy prices remained stable

Energy prices increased dramatically

Energy prices were unaffected

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact on the European economy if gas prices increase by 50%?

A reduction in GDP by 1.4%

A boost in GDP by 1.4%

An increase in employment rates

No change in GDP

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason for the economic challenges faced by Europe according to the transcript?

Decreased inflation rates

Sanctions on Russia

Increased agricultural output

High energy prices due to the war

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the forecasted economic growth for France next year?

0.0%

1.4%

2.0%

0.6%