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VOICED: Russian middle class hit by weak ruble

VOICED: Russian middle class hit by weak ruble

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Wayground Content

FREE Resource

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 questions

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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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