VOICED: Russian middle class hit by weak ruble

VOICED: Russian middle class hit by weak ruble

Assessment

Interactive Video

Business

10th Grade - University

Hard

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Quizizz Content

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The video discusses the financial struggles faced by individuals due to the collapse of the Russian ruble, which has led to increased loan repayments and a higher cost of living. Consumer prices have risen significantly, affecting shopping habits and forcing the middle class to cut back on spending. Pawnbrokers have seen a change in clientele as entrepreneurs seek quick cash. The ruble is expected to continue its decline, with analysts predicting further devaluation.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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