VOICED: Greece's middle-class hard-hit by the crisis

VOICED: Greece's middle-class hard-hit by the crisis

Assessment

Interactive Video

Business, Social Studies, Economics

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the financial struggles of Penelope, a florist, and Dimitri, amidst Greece's economic crisis. The country faced massive debts, leading to a €110 billion bailout. Ordinary Greeks, like Penelope and Dimitri, are affected by reduced incomes and increased taxes. Penelope's flower sales dropped by 30%, forcing her to make personal sacrifices. Dimitri helps friends renegotiate loans, reflecting the community's resilience. Greece is negotiating an extension of its bailout loans, indicating a slow recovery.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason for Greece receiving a bailout loan from the EU and IMF?

To prevent the country from defaulting on its debts

To support its educational reforms

To boost its tourism industry

To invest in infrastructure projects

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the banks contribute to the economic crisis in Greece?

By refusing to give any loans

By accepting a high percentage of loan applications

By investing heavily in foreign markets

By lowering interest rates significantly

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact did the economic crisis have on Dimitri's income?

His income remained the same

His income increased significantly

He lost his job completely

His income decreased to a fraction of what it was

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why has Penelope been unable to move in with her boyfriend?

She prefers living with her parents

Her income is insufficient to cover living expenses

She is saving money for a business

Her boyfriend lives in another country

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Greece negotiating due to its weak economy?

A reduction in taxes

A decrease in public spending

An extension of the bailout loans

A new trade agreement with the EU