Mid & Low Income People Won't See Economic Benefit

Mid & Low Income People Won't See Economic Benefit

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the economic challenges faced by many, including rising inflation and stagnant wages, despite claims of economic recovery. A report by the Resolution Foundation highlights income stagnation and declining living standards, particularly affecting low to middle-income workers. The issue of housing affordability is also addressed, with a significant drop in home ownership among young people. The video concludes with a discussion on Britain's austerity measures and the long-term outlook for economic recovery, emphasizing the need for politicians to address the financial concerns of ordinary workers.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main reasons for the decline in customer numbers for taxi drivers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the report from the Resolution Foundation, what is the outlook for average pay in 2015 compared to 2001?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant change occurred in home ownership among young people from 1988 to 2000?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How long does the report estimate it will take for a 'soft landing' from the current economic situation?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the latest report suggest about the politicians' understanding of money worries faced by ordinary workers?

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