How the US Economy has affected Stockton

How the US Economy has affected Stockton

Assessment

Interactive Video

Business

University

Hard

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The video discusses Stockton, CA, as a reflection of America's economic fluctuations. Once thriving, Stockton was hit hard by the subprime crisis, leading to a housing market collapse and high unemployment. The city became known for its high foreclosure rates, with many residents facing financial hardship. Despite political promises, little change has been seen, and residents express concern over economic policies and future debt. The video highlights the search for accountability among banks, businesses, and politicians.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event caused the housing bubble in Stockton to burst?

A natural disaster

The subprime mortgage crisis

A sudden increase in population

Government intervention

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Stockton, CA, known for in recent years?

Being a tech hub

Having the highest employment rate

Being the foreclosure capital

Having the most expensive real estate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the unemployment situation in the San Joaquin Valley?

Unemployment is not a significant issue

It has the highest unemployment rate in California

It has an average unemployment rate

It has the lowest unemployment rate in California

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the public's reaction to political promises in Stockton?

They are indifferent to political actions

They are satisfied with the changes

They feel there has been significant improvement

They are concerned about the lack of change

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the people of Stockton blaming for the economic issues?

Banks and politicians

Environmental activists

Foreign investors

Local businesses