Plastic Bank Notes Couple Replace Paper Notes

Plastic Bank Notes Couple Replace Paper Notes

Assessment

Interactive Video

Business, Other

University

Hard

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The video discusses the transition from paper to polymer banknotes, highlighting the benefits such as durability, cleanliness, and enhanced security features. It mentions the historical context of the Bank of England's decision and compares it to other countries like Australia and Canada. Public opinion is considered, and the new notes are expected to be smaller and more durable, with a decision expected by December and production starting by 2016.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main benefits of using polymer banknotes compared to paper banknotes?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the durability of polymer banknotes compare to that of paper banknotes?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical significance does the introduction of polymer banknotes have for the Bank of England?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the public's reaction to the Canadian polymer banknotes shown during the consultation?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes are being made to the size of the new polymer banknotes?

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