Practice - Economics of the Fashion Industry
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What is a global supply chain?
💡 Hint: Think about how products are made and moved globally.
How much does an average worker earn from a $5 t-shirt?
💡 Hint: Consider the proportion of costs allocated to labor.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary reason for using a global supply chain in fashion?
💡 Hint: Focus on economic motivations.
True or false: All workers in the fashion industry earn a living wage.
💡 Hint: Consider the realities of minimum wage laws.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
Evaluate the long-term impact of low wages on workers in the fashion industry and suggest alternative business models.
💡 Hint: Consider the systemic barriers that exist.
Design a report proposing regulations for improving labor conditions in overseas garment factories.
💡 Hint: Think of existing laws and frameworks that can guide this proposal.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.