VOICED : Goodbye good times for Norways oil capital

VOICED : Goodbye good times for Norways oil capital

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the impact of falling oil prices on a community, focusing on Roger, who is unemployed for the first time. Statoil has made significant cuts, leading to increased unemployment and economic challenges in the area. The local housing market and businesses, like restaurants, are also affected. The community faces serious economic challenges, and unless the oil prices recover, the situation may worsen.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for Roger's unemployment?

He was fired for poor performance.

Falling oil prices affected the job market.

The company he worked for relocated.

He decided to take a break from work.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the unemployment rate in Stavanger changed over the past year?

It has decreased by 80%.

It has remained the same.

It has doubled.

It has increased by 80%.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the trend in oil prices from early 2014 to the present?

They have remained stable at $100.

They have decreased from $100 to $45.

They have increased from $45 to $100.

They have fluctuated between $45 and $100.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact has the economic downturn had on the housing market?

It has led to a more active housing market.

It has had no effect on the housing market.

It has chilled the housing market.

It has caused housing prices to rise.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential consequence for Roger's family if the economic situation does not improve?

Roger will find a new job easily.

They will have to move to a new city.

The family will face financial difficulties.

They will start a new business.