Report: Children Of 80s Half As Wealthy As 70s Kids

Report: Children Of 80s Half As Wealthy As 70s Kids

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic challenges faced by individuals born in the 80s and 20s, highlighting the wealth disparity compared to those born in the 70s. It covers issues like home ownership, pension enrollment, and the rising cost of living. The video suggests the need for a youth strategy to address these challenges and improve economic opportunities for younger generations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the average net household wealth of people in their early 30s today?

£53,000

£40,000

£27,000

£60,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of people born in the 1980s are members of a workplace pension scheme?

40%

55%

80%

70%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is John Tully's profession?

Teacher

Record shop owner

Scaffolder

Banker

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main economic challenges faced by 20-somethings today?

High mortgage rates

Rising rent prices

Low employment rates

High taxes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is suggested as a solution to help the younger generation with economic challenges?

Reduce pension benefits

Implement a youth strategy

Lower interest rates

Increase taxes