UK economy suffering 'sprained ankle' not 'broken leg' says Hunt

UK economy suffering 'sprained ankle' not 'broken leg' says Hunt

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the unexpected growth of the economy, highlighting a 2% difference from predictions. It emphasizes the importance of maintaining confidence and optimism, citing Elon Musk's recognition of London as a key AI center. The focus shifts to productivity and investment, with measures introduced to boost business investment by £20 billion annually. Britain's potential as a prosperous 21st-century economy is highlighted, with strengths in technology and innovation. The importance of self-belief and the strengths of the UK's education system are also discussed, alongside achievements in climate change.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the actual growth of the economy compared to the predicted contraction by experts?

It grew by 0.6%

It grew by 2%

It contracted by 1.4%

It remained the same

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is considered key to raising living standards in the long run?

Increasing taxes

Reducing imports

Expanding the workforce

Raising productivity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are mentioned as investing more of their GDP compared to the UK?

Canada, Australia, and Brazil

China, Japan, and India

Germany, France, and America

Italy, Spain, and Portugal

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What sector is highlighted as being significantly larger in the UK compared to Germany and France?

Tourism

Manufacturing

Technology

Agriculture

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What achievement in climate change is noted for the UK?

Increasing renewable energy by 30%

Planting 1 million trees

Cutting emissions by 49%

Reducing water usage by 20%