Scottish Referendum Slowing Down House Sales

Scottish Referendum Slowing Down House Sales

Assessment

Interactive Video

Social Studies

University

Hard

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The video discusses the impact of the Scottish independence referendum on the housing and financial markets. Uncertainty over Scotland's currency plan is causing market slowdowns and investor hesitancy. The Bank of England and major UK parties oppose a currency union with an independent Scotland, citing sovereignty issues. This uncertainty affects both economic and political spheres, leading to delayed decisions by investors and consumers. The Yes campaign argues that Scotland's economy can thrive independently. The video concludes with a call for clear financial planning for Scotland's future.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of an independent Scotland lacking a clear currency plan?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the uncertainty surrounding the referendum affected the mortgage market in Scotland?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What reasons might consumers have for delaying their decisions in the current economic climate?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do the Yes campaign's views contrast with the concerns of lenders and investors?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors might lead individuals to choose to move house despite economic uncertainty?

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