CLEAN : Cocoa prices surge on output fears over Ebola outbreak

CLEAN : Cocoa prices surge on output fears over Ebola outbreak

Assessment

Interactive Video

Business, Geography, Science

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the cocoa production in Cote d'Ivoire and Ghana, which accounts for 60% of the world's supply. It highlights the fragmented nature of cocoa buying and the potential impact of an Ebola outbreak on cocoa prices. The video also covers expectations for the upcoming cocoa season, noting that recent record crops may not be repeated due to exhausted trees and suboptimal use of fertilizers and pesticides. The situation with Ebola is being closely monitored for its potential effects on the cocoa market.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the world's cocoa is produced by Cote d'Ivoire and Ghana?

30%

60%

50%

70%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence of an Ebola outbreak in the cocoa-producing regions?

Increase in cocoa production

Improved cocoa quality

Decrease in cocoa prices

Suspension of cocoa purchases

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might cocoa prices increase at the beginning of the season?

Improved weather conditions

Suspension of cocoa purchases

Increased use of fertilizers

Introduction of new cocoa varieties

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason the upcoming cocoa season might not be as strong as previous ones?

Exhausted cocoa trees

Higher demand for cocoa

New farming techniques

Increased rainfall

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a factor contributing to the current strength in cocoa prices?

Perfect use of fertilizers

Exhausted trees

Decrease in global demand

Improved transportation