Busiest shopping day of the year predicted

Busiest shopping day of the year predicted

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of festive season sales, highlighting stagnant sales and cautious consumer spending due to economic pressures. Despite some optimistic economic indicators, caution remains prevalent. The video also covers consumer behavior, particularly the search for bargains and the anticipation of Boxing Day sales. Additionally, it addresses the rising number of debt inquiries and financial advice sought by consumers, indicating ongoing financial challenges. The discussion concludes with a reflection on whether the current period of austerity might be ending.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What indicators suggest that the economic situation might be improving?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of increased debt inquiries after the holiday season?

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