VOICED : Venezuela precios por las nubes

VOICED : Venezuela precios por las nubes

Assessment

Interactive Video

Social Studies, Business, Other

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

Venezuelans face record inflation, leading to high prices and scarcity of goods. The government attempts to control prices and subsidize essentials, but citizens still struggle to afford basic needs. The government blames speculators for the economic issues, while economists point to low production, expropriations, and currency issues as contributing factors.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges faced by Venezuelans due to record inflation?

Decreased prices of basic items

Difficulty in obtaining essential goods

Stable economic conditions

Increased availability of goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the price of fish changed in Venezuela due to inflation?

It has decreased by half

It has tripled

It has remained the same

It has doubled

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy has the Venezuelan government used to mitigate the impact of inflation?

Reducing oil production

Regulating prices and subsidizing goods

Encouraging imports

Increasing taxes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the government, who is responsible for the scarcity and inflation in Venezuela?

Foreign investors

Local farmers

Speculators hoarding goods

International banks

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do some economists believe is a cause of Venezuela's economic issues?

Low production and artificial exchange rates

Abundant foreign currency reserves

Stable currency exchange

High foreign investment