The Baby Formula Shortage Is Still A Problem In The U.S.

The video discusses the ongoing baby formula shortage in the US, which, although improved since spring, still affects many parents. The shortage was exacerbated by a recall from Abbott, a major formula producer, due to bacterial contamination. The market is highly concentrated, with a few companies dominating production, and the WIC program's reliance on specific suppliers further limits options. The government has implemented short-term measures, such as reopening Abbott's plant and importing formula, but long-term solutions are needed.

What percentage of store shelves had baby formula back in stock by late October?

• 69%

• 87%

• 43%

• 100%

What event in February exacerbated the baby formula shortage?

• A natural disaster

• A voluntary recall by Abbott

• A strike by formula workers

• A new government regulation

Which company produces the largest share of baby formula in the US?

• Nestle

• Similac

• Abbott

• Gerber

What is one of the short-term solutions the government implemented to address the formula shortage?

• Banning formula exports

• Importing formula from other countries

• Reducing formula production

• Increasing formula prices

What legislative change was made to help the WIC program during the formula shortage?

• Increasing the cost of WIC contracts

• Eliminating the WIC program

• Decreasing the number of companies WIC can contract with

• Increasing the number of companies WIC can contract with