Petrol prices hit record high

Petrol prices hit record high

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of rising fuel costs on daily life and work, highlighting the challenges faced by individuals and businesses. It touches on the lack of wage increases to match these costs and the ineffectiveness of government measures like the chancellor's fuel tax cut. The difficulty of passing increased costs to clients is also explored, concluding with a resigned acceptance of the situation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason people have to endure high fuel costs?

Fuel is not essential for daily activities.

Wages are increasing to match fuel costs.

Fuel is necessary for work and wages are not increasing.

Fuel costs are decreasing over time.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the government's action to address fuel costs?

Increased fuel taxes.

Reduced fuel taxes by 5 pence.

Encouraged the use of alternative energy.

Provided subsidies for fuel.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the effect of the government's tax reduction on fuel?

It caused fuel prices to rise.

It led to a decrease in fuel consumption.

It significantly lowered fuel prices.

It had no noticeable impact on fuel prices.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why can't businesses pass on fuel costs to their clients?

Businesses have to absorb the costs themselves.

Fuel costs are already included in client fees.

Fuel costs are too low to affect pricing.

Clients are willing to pay more.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the suggested approach to dealing with rising fuel costs?

Switching to public transportation.

Protesting against fuel companies.

Accepting and enduring the situation.

Finding alternative fuel sources.