VOICED : Gobierno de Venezuela obliga a supermercados a bajar precios

VOICED : Gobierno de Venezuela obliga a supermercados a bajar precios

Assessment

Interactive Video

Social Studies, Business

9th - 12th Grade

Hard

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In Caracas, supermarkets saw long lines as the Venezuelan government enforced price cuts amid hyperinflation. The public is taking advantage of the situation, though it highlights deeper economic issues. The Superintendence for the Defense of Socioeconomic Rights is inspecting over 200 establishments following protests over food and basic service shortages. The country operates under strict price and currency controls, which businesses blame for the crisis, with inflation projected to exceed 2,300% in 2018. The government, however, attributes the crisis to an economic war waged by businesses to incite public discontent.

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OPEN ENDED QUESTION

3 mins • 1 pt

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