VOICED: High fuel prices worry struggling Americans

VOICED: High fuel prices worry struggling Americans

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

Gas prices in Chicago have reached record highs, impacting commuters like Warren Williams, who now spends significantly more on fuel. Nationally, oil price spikes due to Middle East unrest have doubled the percentage of family income spent on vehicle fuel since 2009. Businesses, such as pizza delivery services, face increased costs but are hesitant to raise prices for customers. However, analysts predict a steady drop in gas prices by December.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has caused the recent spike in oil prices according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much of the average US family income is now accounted for by vehicle fuel?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are American businesses facing due to increased fuel costs?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies might businesses consider in response to rising fuel prices?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What predictions do analysts and government officials have regarding gas prices?

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