Economy Road opinion on the Chancellor's budget

Economy Road opinion on the Chancellor's budget

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the UK's economic challenges and the Chancellor's budget speech, focusing on tax changes and their impact on businesses and individuals. It highlights reactions from business owners and individuals, emphasizing the need for tax breaks and financial support. The video also covers investment in infrastructure and renewable energy, aiming to transform regions into energy hubs. Overall, it presents a mix of optimism and skepticism about achieving economic growth and development.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges faced by small businesses in the UK according to the video?

Limited access to technology

Pressure to raise income tax

Lack of skilled labor

High rent costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which measure introduced by the Chancellor aims to support employers financially?

VAT reduction

New employment allowance

Increase in corporation tax

Subsidies for startups

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Millie Stammers hope to benefit from the Chancellor's budget measures?

By reducing her business taxes

By expanding her business

By getting a mortgage guarantee

By hiring more staff

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the broader economic strategy discussed in the final section of the video?

Reducing national debt

Investing in renewable energy

Cutting public sector jobs

Increasing export tariffs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the skepticism mentioned in the final section regarding the economic strategy?

Lack of government support

Insufficient investment and growth

High competition from other towns

Environmental concerns