Fighting the Dulling Demand for Diamonds

Fighting the Dulling Demand for Diamonds

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the similarities between lab grown and natural diamonds, highlighting that they are chemically, physically, and optically identical. It explores the pricing dynamics, noting that lab grown diamonds are significantly cheaper. The video also examines the value and investment aspects of diamonds, suggesting that the traditional reasons for buying natural diamonds are diminishing. Additionally, it covers the growing trend of colored gemstone engagement rings and the increasing market share of lab grown diamonds, emphasizing their affordability and sustainability.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the GIAIGI in distinguishing between diamonds?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the market for lab grown diamonds changed over the past few years?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the price drop in natural diamonds for consumers?

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