VOICED : Por Navidad feliz gobierno venezolano ordena remates

In Venezuela, people are queuing not for food but for discounted shoes due to government-imposed price cuts. The government, led by Nicolás Maduro, has enforced these discounts in over 200 stores in Caracas, claiming that store owners had inflated prices. Additionally, nearly 4 million toys were seized from a company accused of hoarding and overpricing, with plans to sell them at subsidized rates. Merchants are worried about these forced discounts, fearing bankruptcy due to high inflation and difficulties in importing goods.

Why are people in Venezuela queuing up according to the video?

• To purchase shoes at discounted prices

• To buy food

• To attend a government rally

• To receive free healthcare

What action did the Venezuelan government take against a toy company?

• They offered tax breaks

• They provided subsidies to the company

• They seized nearly 4 million toys

• They increased import taxes

What is the reason behind the government's seizure of toys?

• The toys were imported illegally

• The toys were unsafe for children

• The company was accused of hoarding and overpricing

• The company was not paying taxes

What are the concerns of merchants regarding the mandatory discounts?

• They could result in bankruptcy

• They might lead to increased competition

• They will attract more customers

• They will improve their sales

What challenges do merchants face in replenishing their inventory?

• Government restrictions on imports

• Lack of local suppliers

• Increased demand for products

• High inflation and difficulty accessing foreign currency