Venezuelans Struggle With Maduro's New Economic Plan

Venezuelans Struggle With Maduro's New Economic Plan

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the severe economic crisis in Venezuela, marked by a 95% currency devaluation and hyperinflation. It highlights the public's struggle to access cash, the rise of electronic payments, and the political climate, including opposition strikes and business closures. The historical context of past protests and the current sentiment of disillusionment among Venezuelans are also explored, with many considering emigration due to the dire situation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of devaluation did Venezuela's currency experience recently?

100%

75%

50%

95%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is cash scarce in Venezuela despite the popularity of electronic payments?

Cash is banned by the government

People prefer using gold

High inflation and black market markups

Banks are closed permanently

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did some opposition factions call for in response to the economic crisis?

A nationwide celebration

A 24-hour business closure

An increase in electronic payments

A reduction in minimum wage

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in the minimum wage announced in Venezuela?

4000%

3000%

2000%

1000%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the response of many Venezuelans to the lack of change after past protests?

Disillusionment and emigration

Investment in local businesses

Support for the current government

Increased participation in protests