Alcohol Industry Buzzing With Concern Over Supply Shortage

Alcohol Industry Buzzing With Concern Over Supply Shortage

Assessment

Interactive Video

Business, Social Studies

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic impact of backups, focusing on the distilled spirits industry. It highlights the challenges faced due to import issues, such as a shortage of containers and alcohol. The video also covers how these challenges affect product availability, leading to quick sales and products disappearing from shelves by the end of the day.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What aspect of the economy is affected by backups according to the video?

Tourism

Technology sector

Distilled spirits industry

Agriculture

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of its products does the distilled spirits industry import?

Nearly half

One third

Two thirds

All

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges faced by the distilled spirits industry?

Environmental regulations

High taxation

Shortage of containers

Lack of skilled labor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How quickly are the available products selling?

Within a week

By the end of the day

Overnight

In a month

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to new arrivals of products in the market?

They are discounted heavily

They are returned to the supplier

They are gone by the end of the day

They are stored for future use