Etsy Sellers Close Up Shop To Protest Increased Transaction Fees

Etsy Sellers Close Up Shop To Protest Increased Transaction Fees

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

Etsy sellers are protesting a 1.5% increase in transaction fees, the first since 2018. Over 20,000 sellers have signed a petition and are temporarily closing their stores, urging buyers to support them by not purchasing items on Etsy. Despite the protest, the number of sellers involved represents only a small fraction of Etsy's total seller base.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage did the transaction fees increase by?

2.0%

1.5%

1.0%

2.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many sellers signed the petition against the fee increase?

10,000

15,000

20,000

25,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did the sellers take to protest the fee increase?

Opened new stores

Reduced prices

Temporarily closed their stores

Increased their product range

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the sellers ask buyers to do in support of their protest?

Buy more items

Stop buying items

Leave positive reviews

Share on social media

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the number of protesting sellers compare to the total number of sellers on the platform?

They represent the majority

They represent a small fraction

They represent half

They represent all sellers