VOICED: Greece's middle-class hard-hit by the crisis

VOICED: Greece's middle-class hard-hit by the crisis

Assessment

Interactive Video

Business, Social Studies, Economics

9th - 10th Grade

Hard

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The video discusses the financial struggles of Penelope, a florist, and Dimitri, amidst Greece's economic crisis. The country faced massive debts, leading to a €110 billion bailout. Ordinary Greeks, like Penelope and Dimitri, are affected by reduced incomes and increased taxes. Penelope's flower sales dropped by 30%, forcing her to make personal sacrifices. Dimitri helps friends renegotiate loans, reflecting the community's resilience. Greece is negotiating an extension of its bailout loans, indicating a slow recovery.

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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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