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VOICED : Filas en Venezuela para comprar ropa tras recorte del gobierno

VOICED : Filas en Venezuela para comprar ropa tras recorte del gobierno

Assessment

Interactive Video

Social Studies, Business

9th - 10th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Venezuelans formed long queues to buy children's clothing after the government ordered a 70% price cut on EPK products. A parent expressed financial difficulties in affording clothes for their child. The government intervened after EPK reported multiple price levels and is investigating the company for alleged currency extraction. The withdrawal of the 100 bolívar note, aimed at combating hoarding by mafias, led to a monetary crisis.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What prompted Venezuelans to form long queues on Thursday?

A new clothing store opening

A government-mandated price cut on EPK products

A holiday sale

A shortage of children's clothing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did a pair of pants cost before the price cut, according to a parent?

30,000 bolívares

20,000 bolívares

70,000 bolívares

50,000 bolívares

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did the Venezuelan government take against EPK?

Closed down the company

Ordered a price increase

Investigated for currency extraction

Nationalized the company

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the government remove the 100 bolívar note from circulation?

To introduce a new currency

To combat alleged hoarding by mafias

To increase its value

To reduce inflation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reported reason for the investigation into EPK by the Ministry?

Involvement in currency extraction

Price manipulation

Labor law violations

Tax evasion

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