
Global crisis doesn't spare cocoa
Interactive Video
•
Business
•
10th Grade - University
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
The video discusses the challenges faced by cocoa producers in Ivory Coast, including rising costs of fertilizers and pesticides, high taxation, and low market prices. Despite being a major exporter, the financial crisis has reduced global demand, making cocoa less profitable. This has led to a shift towards alternative crops like rubber, threatening Ivory Coast's position as the top cocoa producer.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What alternatives do cocoa producers have if they cannot afford fertilizers?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What could be the potential consequence for Ivory Coast if the trend of declining cocoa production continues?
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