Diamond Jubilee Could Boost UK Economy

Diamond Jubilee Could Boost UK Economy

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the surge in demand for Jubilee memorabilia, particularly at Emma Bridgewater pottery, and its positive impact on certain sectors like tourism and flag-making. However, it also highlights potential economic drawbacks, such as a predicted reduction in output and disruptions in manufacturing and supply chains. Despite these challenges, some businesses are thriving due to increased patriotic pride and demand for related products.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the increased demand at Emma Bridgewater pottery?

A new product launch

The Jubilee celebrations

An increase in pottery exports

A decrease in pottery prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector is expected to face the most disruption due to the Jubilee celebrations?

Tourism

Education

Manufacturing

Retail

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the economic impact of last year's extra bank holiday for the royal wedding?

An increase in output by 0.5%

A decrease in output by 0.4%

A decrease in output by 0.5%

An increase in output by 0.4%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector has seen unexpected benefits from the Jubilee celebrations?

Automobile

Technology

Flag-making

Healthcare

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge is mentioned regarding the estimation of the Jubilee's economic impact?

Difficulty in measuring precise impact

Political instability

Unpredictable weather

Lack of data