In Germany, Scars of an Energy Crisis

The video discusses the impact of rising energy prices on Germany's economy, which is heavily reliant on industry and manufacturing. It highlights the significant energy consumption by the industrial sector and the challenges faced by small and medium-sized enterprises (SMEs) due to increased energy costs. The German government is taking measures to address these issues, but the country needs to adapt its industrial model, which previously depended on cheap Russian gas.

What percentage of Germany's economy is based on industry and manufacturing?

• 19%

• 28%

• 11%

• 9%

Which country has a higher percentage of its economy in industry and manufacturing compared to Germany?

• None of the above

• United States

• France

• United Kingdom

What is the approximate percentage of Germany's total power consumption used by its industry?

• 15%

• 28%

• 20%

• 9%

What is the main threat to small manufacturers in Germany when energy prices rise?

• Increased competition

• Decreased demand

• Existential threat

• Lack of skilled labor

What percentage of Germany's working population is employed by SMEs?

• 55%

• 19%

• 37%

• 28%