VOICED : Venezolanos ya tienen sus nuevos billetes

VOICED : Venezolanos ya tienen sus nuevos billetes

Assessment

Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the introduction of new currency notes in Venezuela, replacing the 100 bolívar note due to economic instability and inflation. President Maduro attributes the change to mafia activities affecting the economy. The video highlights the severe devaluation of the local currency and the high inflation rate in 2016, with projections for even higher inflation in 2017. Despite promises of economic recovery, international forecasts remain pessimistic.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What denominations are included in the new Venezuelan banknotes introduced?

100, 1,000, and 10,000 bolívares

1,000, 5,000, and 10,000 bolívares

500, 5,000, and 20,000 bolívares

100, 500, and 1,000 bolívares

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why was the 100 bolívar note withdrawn from circulation?

Because of hoarding by mafias

To introduce digital currency

To prevent counterfeiting

Due to its low value

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the inflation rate in Venezuela in 2016 according to the IMF?

1,000%

300%

1,660%

475%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did President Maduro promise for the year 2017?

Lower taxes

Increased foreign investment

Economic recovery

A new currency reform

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the projected inflation rate for Venezuela in 2017 according to the IMF?

1,000%

2,000%

1,660%

475%