Britain's Economy is Falling Behind the G7... why? - TLDR News

Britain's Economy is Falling Behind the G7... why? - TLDR News

Assessment

Interactive Video

Social Studies, Business

11th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the UK's economic challenges, including high inflation, low GDP growth, and currency devaluation. It highlights the impact of Brexit on trade and investment, contributing to economic stagnation. The UK's productivity issues and weak wage growth further exacerbate the situation. Forecasts predict continued economic struggles, with Brexit being a significant factor. The video concludes with the need for political focus to address these challenges.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main economic challenges currently facing the UK?

High unemployment

High inflation

Trade surplus

Strong currency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the UK show high growth in 2021?

Due to a strong economy

Increased government spending

Because of a severe contraction in 2020

High consumer confidence

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which regions in the UK have seen positive growth compared to pre-pandemic levels?

Scotland and Wales

Wales and Northern Ireland

London and Northern Ireland

England and Scotland

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant structural issue affecting the UK's GDP?

High unemployment

Strong currency

Low productivity

Trade surplus

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Brexit impacted the UK's GDP?

Increased trade frictions and reduced investment

Increased investment

Reduced trade frictions

Increased trade opportunities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for the high inflation rate in the UK?

Low imports

High exports

Weak pound

Strong pound

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is hindering the UK's response to economic challenges?

Political instability

High consumer confidence

Strong political leadership

Trade surplus