VOICED : Lunes negro en las bolsas mundiales por la caida del petroleo y el temor al coronavirus

VOICED : Lunes negro en las bolsas mundiales por la caida del petroleo y el temor al coronavirus

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

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The video discusses a significant global market downturn triggered by a historic drop in oil prices and fears of economic slowdown due to the coronavirus pandemic. Oil prices fell by nearly 30%, the largest drop since 1991, after OPEC, led by Saudi Arabia and Russia, failed to agree on production cuts. This led to a price war initiated by Saudi Arabia. The pandemic is causing widespread economic disruption, affecting production chains, travel, and tourism. The situation is reminiscent of the 2008 financial crisis, prompting central banks and governments to consider economic support measures.

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OPEN ENDED QUESTION

3 mins • 1 pt

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

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