Growth a 'general problem', says Kwarteng as compared to Keir Starmer

Growth a 'general problem', says Kwarteng as compared to Keir Starmer

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the economic challenges faced by the Labour government, focusing on public spending, tax levels, and the impact of COVID-19 on public finances. It highlights the difficulties in managing a large deficit and the need for economic growth. The discussion also touches on future strategies for economic recovery and the role of technology in local government planning.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a celebrated aspect of the old New Labour government?

European tax levels and U.S. public services

European public services and U.S. tax levels

U.S. public services and European tax levels

U.S. tax levels and European economic growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major event in 2020 significantly affected public finances?

Brexit

COVID-19 pandemic

The financial crisis

The election of a new government

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the deficit when the speaker was elected in 2010?

£100 billion

£160 billion

£200 billion

£250 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the suggested ways to deal with slow economic growth?

Increase tax rates

Borrow more money

Grow the economy

Cut public services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential long-term change in local government mentioned in the transcript?

Reduction in public services

More reliance on traditional methods

Increased centralization

Greater use of technology