Ed Miliband campaigning in ASDA Queensferry - General Election 2015

Ed Miliband campaigning in ASDA Queensferry - General Election 2015

Assessment

Interactive Video

Business, Social Studies

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the desire to increase the minimum wage and its potential effects on businesses. It highlights the financial struggles faced by customers, who are increasingly strapped for cash. The discussion touches on the impact of economic pressures on security and theft, as well as the cumulative burden of financial obligations like rent, mortgage, and taxes. Finally, it examines customer behavior in trying to save money and take advantage of offers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key consideration for businesses when the minimum wage is increased?

Time to plan for changes

Reducing employee benefits

Immediate implementation

Increasing product prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are customers described as 'strapped for cash'?

They are saving for luxury items

They have high disposable income

Economic conditions have tightened their budgets

They are investing in stocks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has changed about people's reasons for stealing, according to the transcript?

They steal to donate

They steal for fun

They steal to save money

They steal out of necessity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the financial obligations that add up for customers?

Travel expenses

Rent, mortgage, and taxes

Luxury goods

Entertainment costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do offers and discounts influence customer behavior?

They help customers save money

They lead customers to ignore savings

They have no impact on purchasing decisions

They encourage customers to spend more