Argentina's farmers under pressure from financial crisis

Argentina's farmers under pressure from financial crisis

Assessment

Interactive Video

Social Studies, Business

10th Grade - University

Hard

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The video discusses the impact of the global financial crisis on Argentina's agricultural sector. Farmers like Thomas Bond face challenges due to falling prices of raw materials, leading to reduced income and production. Argentina, a major exporter of wheat and soy, is affected by decreased global demand, especially from China. This situation threatens the agricultural sector, tax revenues, and the overall economy, which had been growing steadily before the crisis. The government and farmers are concerned about the future, hoping for a recovery.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the farmers' hopes for the future as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of soya, maize, and wheat exports to the Argentine economy?

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