CLEAN : Recession likely for UK after Brexit: Analyst

CLEAN : Recession likely for UK after Brexit: Analyst

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

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Quizizz Content

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The video discusses the renewed market sell-off following recent news, highlighting investor reactions and the statement by George Osborne, which provided some continuity. It examines the fragile economic recovery, built on confidence, and predicts a weaker short-term outlook for the British economy. The medium and long-term outcomes depend on the UK's deal with Brussels, with speculation on political benefits, particularly for Boris Johnson. The video anticipates increased volatility and a potential recession, though not as severe as 2008, with job layoffs until a clear roadmap for the UK's global position is established.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor is mentioned as providing some stability in the current market situation?

The resignation of George Osborne

The strength of the US dollar

George Osborne's decision to stay

A new trade deal with China

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern about the British economy in the short term?

A decrease in inflation rates

A rise in foreign investments

A potential weakening of the economy

A significant increase in exports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which political figure is noted to have benefited from the current situation?

Nigel Farage

Theresa May

David Cameron

Boris Johnson

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted economic outcome for the UK in the coming months?

A period of economic growth

A stable economic environment

An increase in employment rates

A potential recession

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the potential recession compare to the 2008 financial crisis?

It is expected to be deeper and harder

It is expected to be less severe

It is expected to be similar in impact

It is expected to have no impact