What is the primary purpose of the Lewis Pound?
Some cities are launching their own currency to boost local business

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To keep money within the local economy
To act as a legal tender
To replace the British Pound
To be used internationally
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do local currencies contribute to environmental sustainability?
By promoting online shopping
By encouraging the use of plastic money
By reducing the need for transportation
By increasing international trade
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which city was the first to introduce a local currency in 2012?
Birmingham
Bristol
Lewis
Exeter
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential benefit of introducing a local currency in a large city like Birmingham?
It would decrease local business support
It would eliminate the need for national currency
It could strengthen regionalism and localism
It would increase globalization
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common criticism of globalization mentioned in the transcript?
It has not been beneficial for everyone
It has reduced corporate influence
It has benefited everyone equally
It has led to increased local business
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