Christmas Tree Industry Struck By Supply Chain Issues

Christmas Tree Industry Struck By Supply Chain Issues

Assessment

Interactive Video

Other

University

Hard

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The video discusses the ongoing shortage of Christmas trees, both real and artificial, due to factors like the 2008 recession, which led to fewer trees being planted. This has resulted in a significant supply-demand gap, causing prices to rise. Consumers are advised to purchase trees early to avoid disappointment, as both real and artificial tree supplies are limited. The shortage is exacerbated by supply chain issues, affecting major suppliers like Balsam Hill, which can only meet 43% of demand.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the Christmas tree shortage mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How long does it typically take to grow a Christmas tree according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of trees is Balsam Hill able to provide due to supply chain issues?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice do farmers give to consumers looking to buy a Christmas tree?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does the limited supply of Christmas trees have on consumers this holiday season?

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