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9th -

12thgrade

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PFHS 3.02 Financial Literacy

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12 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    In which category are a new car, designer clothes, and gaming systems?

    wants

    needs

    values

    income

  • 2. Multiple Choice
    1 minute
    1 pt

    Why is saving important?

    because the future is unpredictable

    because people need to buy goods and services to grow the economy

    because protecting assets such as a house and vehicles is critical in case of accidents

    because people need to support local banks and credit unions

  • 3. Multiple Choice
    30 seconds
    1 pt

    Sarah was very upset when her new phone broke the week after she purchased it. In her anger, she went to the local phone store and yelled at the sales person who had nothing to do with it. Which characteristic of being a wise consumer did Sarah violate?

    read labels and follow instructions

    use products safely

    complain effectively and refuse poor equipment

    resist high pressure sales people

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