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Capitalizing on Coronavirus Flashcards | StudBud

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Capitalizing on Coronavirus

5 terms·StudBud Administration·8 plays

A #personalfinance quiz about the early impact of coronavirus on the US stock market.

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Questions 5

Answers

1
The impact of coronavirus on the US stock market was:
the stock market rose significantly
the stock market remained the same
the stock market dropped significantly
the stock market shut down
2
In March of 2020, Twitter was the first major US corporation to:
find out an employee had coronavirus
ban coronavirus ads on their platform
tell its employees to work from home
offer coronavirus testing in their offices
3
Why would the American stock market suffer when coronavirus spread mostly in China?
China has the largest economy in the world
China’s stock market is the same as the US
Many American companies hire workers and suppliers in China
The US owes China over $1 trillion in debt
4
In January 2020, Tesla and Ford responded to this situation with coronavirus by:
releasing new electric cars to boost sales
closing down their factories in China
stopping all car sales across the world
firing workers who had traveled to China
5
Which company below was able to thrive immediately after the coronavirus situation?
Amazon.com Inc.
Apple Inc.
Zoom Technologies Inc.
McDonald’s Corp.