Why Amazon is Begging For Regulations: The Twisted Economics of Amazon

Why Amazon is Begging For Regulations: The Twisted Economics of Amazon

Assessment

Interactive Video

Business

7th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

Amazon has evolved from an online bookstore to a global conglomerate, influencing various industries. Its unique business model focuses on breaking into new markets, often prioritizing growth over profits. Amazon's strategies include leveraging profitable sectors to support new ventures and maintaining a monopsony in consumer goods. The company has also impacted investment trends, promoting a growth-at-all-costs mindset. Despite criticisms, Amazon continues to shape the future of retail, investing, and business practices.

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10 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What industries has Amazon expanded into beyond online retail?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Amazon manage to enter markets with high barriers to entry?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies does Amazon use to maintain its competitive edge?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Amazon Web Services in Amazon's business model?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the concept of a monopsony and how it relates to Amazon.

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has Amazon influenced the world of investing?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of Amazon's approach to profits and investments.

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