Thai rubber farmers hit by slump in commodity prices

Thai rubber farmers hit by slump in commodity prices

Assessment

Interactive Video

Business, Social Studies, Science

9th - 10th Grade

Hard

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FREE Resource

Poop and Pier, a family in Thailand, face financial difficulties as rubber prices drop. They adjust by cutting costs and processing rubber themselves. The global recession reduces demand for rubber, affecting their income. The government plans to stabilize prices by controlling supply, but the future remains uncertain.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What time does Poop start his workday?

At dawn

At midnight

In the afternoon

In the evening

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Poop's family adjusted their transportation to save money?

They walk instead of using vehicles

They use a bicycle instead of a motorbike

They travel by motorbike instead of a truck

They use public transport

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main product made from Thailand's rubber?

Rubber bands

Car tires

Rubber gloves

Erasers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's proposal to stabilize rubber prices?

Subsidize rubber farmers

Increase production

Reduce production and create stockpiles

Ban rubber exports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic factor has reduced the demand for rubber?

Increased environmental regulations

A global recession

A decrease in car manufacturing

A rise in synthetic rubber production