CLEAN : Coronavirus: '70 to 80%' of Dutch flower production destroyed

The video discusses the unprecedented crisis in the Dutch auction system, which has been in place for over 100 years. Due to the crisis, a significant portion of flower production is being destroyed, with growers instructed to bring only 30% of their normal production to the marketplace. The situation is dire, with many companies at risk of bankruptcy, necessitating support from the Dutch government to prevent devastation in the floriculture sector.

What is the historical significance of the Dutch auction system mentioned in the video?

• It was developed during the last economic crisis.

• It has been used for over 50 years.

• It is a new system introduced recently.

• It has been in existence for more than 100 years.

What percentage of flower production is being destroyed according to the video?

• 90%

• 30% to 40%

• 70% to 80%

• 50%

What measure was taken to reduce the number of unsold flowers?

• Storing flowers for future sales

• Exporting more flowers

• Limiting growers to bring only 30% of normal production

• Increasing production

Why is government support crucial for the Dutch floriculture sector?

• To increase flower prices

• To develop new flower varieties

• To promote international trade

• To prevent companies from going bankrupt

What could be the consequence if the Dutch Government does not support the floriculture sector?

• Rise in flower prices

• Bankruptcy of many companies

• Development of new auction systems

• Increase in flower exports