One More Thought: NYC's Coffee Carts

The pandemic severely impacted NYC street vendors, with many losing 90% of their business. Morgan Stanley, noticing the absence of vendors, partnered with the Robin Hood Foundation to provide $2 million in aid. This initiative is crucial as many vendors were ineligible for government assistance. The video emphasizes the importance of charitable donations to support those who fall through the cracks of the system.

What percentage of business did NYC street vendors lose during the pandemic?

• 50%

• 100%

• 70%

• 90%

Which organizations collaborated to support NYC street vendors financially?

• The Robin Hood Foundation and the United Nations

• Morgan Stanley and the Red Cross

• Morgan Stanley and the Robin Hood Foundation

• Morgan Stanley and the World Bank

Why were some street vendors not eligible for government stimulus?

• They were not registered businesses

• They earned too much money

• They had no bank accounts

• Due to their migration status or lack of documentation

What is emphasized as crucial in supporting those affected by the pandemic?

• Government loans

• Charitable donations

• Tax reductions

• Business grants

What is the ongoing debate in Washington related to?

• Infrastructure development

• Education funding

• State assistance and liability limitations

• Healthcare reforms