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Bank of England to introduce plastic bank notes in 2016

Bank of England to introduce plastic bank notes in 2016

Assessment

Interactive Video

Other

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the transition from cotton to plastic banknotes in the UK starting in 2016. It highlights the mixed public reception, with some preferring the durability and cleanliness of plastic notes over traditional paper ones. The video also covers the benefits of polymer notes, such as increased security and resistance to counterfeiting, despite higher production costs. A durability test is conducted to demonstrate the new notes' resilience against common substances.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected benefits of using the new plastic banknotes?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges might arise with the introduction of the new banknotes?

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