What crisis? Boom time for Polish city

The video discusses the transformation of Wildwood's economy post-communism, highlighting the closure of local factories and the influx of foreign businesses. Dell's decision to move production from Ireland to Poland is a key focus, emphasizing the economic benefits and workforce implications for the region. The town's strategy to attract businesses through tax incentives and support is also explored, with a positive outlook on reducing unemployment rates.

What major change did Dell implement at the beginning of January?

• They closed their operations in Poland.

• They launched a new product line in Ireland.

• They shifted all production from Ireland to Poland.

• They increased their workforce in Ireland.

What is the main focus of Wildwood's transformation?

• Rebuilding the textile industry.

• Attracting foreign businesses.

• Increasing local taxes.

• Reducing the number of foreign investors.

Which strategy is Wildwood using to attract businesses?

• Offering generous tax breaks.

• Implementing strict regulations.

• Increasing local workforce salaries.

• Reducing business hours.

What economic benefit has Wildwood experienced in recent years?

• An increase in textile production.

• A significant drop in unemployment rates.

• A decrease in foreign investments.

• A rise in unemployment rates.

How does the situation in Wildwood affect Ireland?

• Ireland benefits from increased production.

• Ireland experiences a rise in textile exports.

• Ireland faces job losses due to Dell's relocation.

• Ireland gains more foreign investors.