VOICED : Mondragon a huge Basque

The video discusses the Sputnick microwave, a product from Mondragon, a large cooperative in Spain. It highlights the cooperative's innovative approach to design and its significant role in reducing unemployment in the Basque Country. Despite economic challenges, Mondragon has maintained resilience through international sales and employee ownership, which involves staff in critical decisions to secure jobs.

What is the unique feature of the Sputnik microwave developed by Mondragon?

• It has a spherical layout.

• It is designed for outdoor use.

• It is voice-activated.

• It uses solar power.

What was one of the main reasons for Mondragon's establishment?

• To compete with multinational corporations.

• To reduce unemployment in the Basque Country.

• To promote international trade.

• To develop new cooking technologies.

How did Mondragon manage to maintain its workforce during the economic crisis?

• By cutting employee wages.

• By reducing working hours.

• By closing several factories.

• By increasing product prices.

What is a significant aspect of Mondragon's business model?

• It relies heavily on government subsidies.

• Employees own a part of the business.

• It focuses solely on local markets.

• It outsources most of its production.

What was the impact of the economic crisis on Mondragon's sales in Spain?

• Sales fell by 40%.

• Sales doubled.

• Sales remained stable.

• Sales increased by 40%.