Globalization and Trade and Poverty: Crash Course Economics

Globalization and Trade and Poverty: Crash Course Economics

Assessment

Interactive Video

Business, Social Studies, Information Technology (IT), Architecture

11th Grade - University

Hard

Created by

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FREE Resource

The video discusses poverty and extreme poverty, focusing on the UN's Millennium Development Goals aimed at reducing extreme poverty by half. It highlights the role of globalization and trade in poverty reduction, while also addressing the challenges and criticisms of globalization, such as income inequality and environmental concerns. The video also explores microcredit as a tool for economic participation and poverty alleviation, emphasizing the importance of enabling individuals to participate in the economy.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary goal of the UN's Millennium Development Goals related to poverty?

To promote technological advancements

To eradicate extreme poverty and hunger

To establish a global minimum wage

To increase global trade

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the video, what is the most significant factor contributing to the reduction of extreme poverty?

Stricter environmental regulations

Higher education standards

Globalization and trade

Increased humanitarian aid

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have mobile phones contributed to poverty reduction in developing countries?

By reducing the need for physical labor

By providing entertainment

By facilitating access to banking and education

By replacing traditional farming methods

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major downside of globalization mentioned in the video?

Decreased access to technology

Loss of cultural identity

Increased cost of living

Hazardous working conditions for low-wage workers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 'multiplier effect' in the context of globalization?

The increase in global trade volume

The spread of cultural practices

The creation of additional jobs through increased spending

The rise in environmental pollution

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is microcredit, as discussed in the video?

Small loans given to low-income individuals to start businesses

A form of international aid

A tax incentive for large corporations

A government subsidy for education

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge does globalization face in terms of sustainability?

Environmental degradation and resource depletion

Inability to maintain economic growth

Lack of technological innovation

Decreased consumer demand