Philippine Economy Contracts for First Time Since 1998 on Shutdowns

Philippine Economy Contracts for First Time Since 1998 on Shutdowns

Assessment

Interactive Video

Business, Social Studies, Life Skills

University

Hard

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The video discusses the economic impact of the pandemic on Southeast Asia, highlighting the challenges faced by countries like the Philippines, Indonesia, and India. It examines policy responses, fiscal constraints, and the need for increased public investment. The focus shifts to India's unemployment crisis and the difficulties in reviving the economy. The video concludes with a discussion on the importance of direct financial support for small businesses and SMEs to aid recovery.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected long-term economic impacts of the pandemic on Southeast Asia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has unemployment in India changed during the pandemic, and what factors contribute to this change?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do small and weaker corporations face in obtaining funding during the pandemic?

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