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""PENNIES"" GO FOR THOUSANDS

""PENNIES"" GO FOR THOUSANDS

Assessment

Interactive Video

History

KG - University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the cycle industry's search for new markets, highlighting Falcon Cycle's success in exporting lightweight machines. It details an American company's order for penny farthings, driven by a trend for unique items. The video also compares costs and suggests a potential trend of looking to the past for future market opportunities.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Falcon Cycle's Smaddock's primary focus in their product line?

Electric bicycles

Lightweight machines

Heavy-duty machines

Motorcycles

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many penny farthings did Falcon Cycle's Smaddock receive an order for from an American company?

150

50

200

100

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What trend is Falcon Cycle's Smaddock hoping to capitalize on with their penny farthings?

The American craze for sports bikes

The American craze for electric vehicles

The American craze for crazies

The American craze for modern technology

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the cost of a penny farthing compared to an ordinary Falcon machine?

Twice as much

Three times as much

Less than an ordinary machine

More than three times as much

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is unusual about Falcon Cycle's market strategy?

They focus on modern designs

They look to the past for inspiration

They only sell locally

They do not export

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