Nick Clegg Addresses the Lib Dem Conference

The video discusses the fragile state of the economy, recent financial events, and the importance of deficit reduction for economic protection and growth. It highlights strategies like infrastructure investment and skills promotion to boost growth. The global economic outlook is worsening, necessitating further action for growth and jobs.

What are some of the economic challenges mentioned in the first section?

• Rising unemployment

• Financial stability in the eurozone

• Rising stock markets

• Decreasing inflation

Why was deficit reduction considered essential according to the second section?

• To protect the economy and jobs

• To increase government spending

• To reduce taxes

• To promote international trade

What is one of the actions being taken to promote growth as mentioned in the third section?

• Promoting international tourism

• Reducing government spending

• Investing in infrastructure

• Increasing taxes

According to the third section, what is the outlook for the global economy?

• Improving

• Stable

• Worsening

• Unchanged

What is being done to encourage banks to lend more, as mentioned in the third section?

• Decreasing government bonds

• Imposing stricter regulations

• Reducing red tape

• Increasing interest rates