Small Business Saturday highlights importance of small, independent businesses

Small Business Saturday highlights importance of small, independent businesses

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the importance of small businesses in the UK economy and the challenges they face, such as high business rates and limited support. The government and political parties are focusing on small businesses, especially during the festive season, to gain support ahead of the general election. Labour promises to cut business rates to aid small businesses, highlighting their role in economic prosperity.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the government play in supporting small businesses according to the first section?

Offering free products to customers

Reviewing business rates and easing borrowing

Providing free marketing services

Hiring employees for small businesses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is Christmas a crucial time for Jamie's greengrocer business?

They receive government subsidies

It's the only time they make profits

They close the business for holidays

It's a peak sales period

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do small businesses contribute to the UK economy?

They employ a small fraction of the workforce

They make up a third of all private sector sales

They are mostly government-owned

They focus only on local markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of Small Business Saturday?

It is a day when small businesses close

It highlights the importance of small businesses

It is a day for large corporations to offer discounts

It is a government holiday

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What political promise is highlighted in the final section?

Providing free advertising

Hiring more employees for small businesses

Cutting business rates and freezing them

Increasing taxes for small businesses