CLEAN : Used cars turn to gold as Sri Lanka economy skids on the edge

CLEAN : Used cars turn to gold as Sri Lanka economy skids on the edge

Assessment

Interactive Video

Business, Social Studies

9th - 10th Grade

Hard

Created by

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FREE Resource

The video begins with a series of disjointed phrases and thoughts, lacking a clear context or narrative. It then transitions into a discussion about the vehicle market in Sri Lanka, highlighting the country's reliance on imported vehicles, primarily from India and Japan. The video explains the cultural significance of vehicles as assets in Sri Lanka and discusses the economic factors affecting vehicle supply and demand, including currency devaluation fears and limited supply leading to increased prices.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary source of vehicles in Sri Lanka?

Imported from India

Donated by other countries

Imported from China

Locally manufactured

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are vehicles considered valuable assets in Sri Lanka?

They are used for public transportation

They are rare and hard to find

They are seen as both consumption and production assets

They are a symbol of wealth

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are the main exporters of vehicles to Sri Lanka?

Australia and New Zealand

Germany and France

India and Japan

China and USA

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic factor contributes to the high demand for vehicles in Sri Lanka?

Fear of currency devaluation

Low import taxes

Government subsidies

High local production

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the impact of limited vehicle supply in Sri Lanka?

No impact on vehicle prices

Decrease in vehicle prices

Increase in vehicle prices

Stable vehicle prices