VOICED : Goodbye good times for Norways oil capital

VOICED : Goodbye good times for Norways oil capital

Assessment

Interactive Video

Business

10th Grade - University

Hard

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Quizizz Content

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The video discusses the impact of falling oil prices on Norway's economy, focusing on the city of Stavanger. It highlights the personal struggles of individuals like Roger, who faces unemployment for the first time. Statoil's cuts have led to increased unemployment, affecting local businesses and tax revenues. The housing market has cooled, and restaurants are quieter. The downturn is the most severe in recent years, affecting families' daily lives and future prospects.

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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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