Pushback on Kamala Harris's food price gouging plan

Pushback on Kamala Harris's food price gouging plan

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

Kamala Harris, the Democratic presidential nominee, has proposed a plan to tackle rising food prices, attributing the issue to corporate greed. Despite inflation cooling, consumers still spend a significant portion of their income on food. Harris's plan includes penalties for companies exploiting crises, but it faces criticism from the National Grocers Association, which argues that the real problem is unfair competition. Big food companies are responding with discounts and investments in store brands. The debate continues on defining price gouging and its impact on consumers.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of their income are consumers currently spending on food, according to the US Department of Agriculture?

11%

5%

20%

30%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company saw a 62% increase in profits between 2019 and 2023?

PepsiCo

Hershey

Kraft

Nestle

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Kamala Harris proposing to combat high food prices?

Subsidies for consumers

Tax cuts for food companies

A federal ban on price gouging

Increased import tariffs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the National Grocers Association identify as the real issue affecting food prices?

Corporate greed

Unfair competition with big box retailers

High transportation costs

Lack of consumer demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge is associated with defining price gouging?

Lack of legal framework

Difficulty in distinguishing it from high prices in a free market

Consumer awareness

Insufficient data on pricing