Future of Money: Welcome to Cashless Sweden

Future of Money: Welcome to Cashless Sweden

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the shift towards cashless payment systems in Sweden, highlighting the role of companies like Seamless and the response of the banking industry with platforms like Swish. It explores the societal impact of reduced cash usage, noting that Sweden's cash transactions are significantly lower than the Euro area average. Despite this trend, the central bank continues to design new banknotes. The video emphasizes the innovative spirit in Sweden's digital entrepreneurship and the cooperative efforts of banks to adapt to new payment technologies.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do homeless magazine vendors in Sweden adapt to the cashless trend?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the future of cash in Sweden?

Evaluate responses using AI:

OFF