VOICED: Business is looking up for Pawnshops

VOICED: Business is looking up for Pawnshops

Assessment

Interactive Video

Business, Social Studies, Other

9th - 10th Grade

Hard

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Quizizz Content

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The video discusses the impact of the U.S. economic downturn on pawn shops, highlighting how Bill Jenkins' store has seen an increase in customers needing cash for essentials like medicine. High-end items are being pawned more frequently, and the rise in gold prices has made jewelry pawning attractive. Pawn loans offer a financial option for those affected by the economy, with the average loan being $75. Florida, hit hard by the recession, has high foreclosure rates, leading to a positive business outlook for pawn shops like Bartow Jewelry and Pawn.

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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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