Current Events
What is the name of the electrical component in many products that is experiencing an ongoing global shortage and has deepened the technological rivalry between the US and China?
Semiconductors
What is the term for a market structure with a few sellers?
Oligopoly
Trump is threatening to levy tariffs on all Chinese goods of up to what percent?
60%
Which leader has asthma?
James
What was the bubble that caused the 2008 Global Financial Crisis called?
United States Housing Bubble
This asset, used in a store of value, industrial manufacturing and in jewelry, recently hit all time high prices in October.
Gold
Prices are determined firstly by _______ in a competitive market.
Demand and supply
What is China’s target for GDP growth this year?
Around 5%
Which leader cannot whistle?
Ariane
Which country was the first to introduce paper currency into the world?
China
In 2021, El Salvador was the first country to adopt this digital currency as an official currency.
Bitcoin
What is the term for the total value of all goods and services produced in a country in a year?
GDP
What is the total US consumer debt?
Around 17-18 trillion
Which leader has watched Black Adam more than 10 times?
Bryan
What sector of the economy made up over half of the U.S.’s export earnings in the mid-1800s?
Agricultural (specifically Cotton)
Recently surpassing Tesla’s quarterly sales, which company holds the largest market share in the EV manufacturing industry?
BYD
What are the 4 factors of production?
Land, Labor, Capital, Entrepreneurship
About what percent has the S&P 500 grown in the past year?
Around 30%
Which nation was the largest economy in the world before the U.S.?
The UK