Millennials Worry About Compounding Effects Of COVID-19

Millennials Worry About Compounding Effects Of COVID-19

Assessment

Interactive Video

Life Skills, Business

University

Hard

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Quizizz Content

FREE Resource

The video discusses the impact of the COVID-19 pandemic on the economy, comparing it to past financial crises like the dot-com bubble and the Great Recession. It highlights the economic challenges faced by millennials, who have experienced multiple financial downturns. Economists predict a grim economic outlook, with significant job losses and business declines. The government has introduced stimulus measures, but concerns about increasing national debt and potential future crises remain.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What financial crisis is mentioned as being triggered by the COVID-19 pandemic?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What hardships did Glenn Stempak face during the financial crisis?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the net worth of a typical family headed by a millennial changed since the recession?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What predictions did Kevin Hassett make regarding the economy in the coming months?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do some millennials have about the national debt?

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