Chancellor Rishi Sunak summarises government's response to coronavirus in 2020 Budget

Chancellor Rishi Sunak summarises government's response to coronavirus in 2020 Budget

Assessment

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Social Studies

University

Hard

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The transcript outlines a comprehensive economic response to the coronavirus pandemic, detailing a £7 billion support package for the self-employed, businesses, and vulnerable people, alongside a £5 billion emergency response fund. Additionally, an £18 billion fiscal loosening plan is introduced, culminating in a total £30 billion fiscal stimulus to support the British economy. The speaker emphasizes readiness to take further action if necessary, highlighting the government's commitment to addressing the evolving situation.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being taken to support self-employed businesses and vulnerable people?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the purpose of the £5 billion emergency response fund?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total amount announced for fiscal stimulus to support British people, jobs, and businesses?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the government plan to act if further action is needed as the situation evolves?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker believe about the comprehensiveness of the economic response?

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OFF