This quiz works best with JavaScript enabled. Home > Consumer > Behavior > Consumerism – Quiz 17 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Consumerism Quiz 17 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. How will a bad credit score affect you getting a loan? A) Your APR will be higher. B) Your APR will be lower. Show Answer Correct Answer: A) Your APR will be higher. 2. Buying a home is the biggest purchase people make. A) True. B) False. Show Answer Correct Answer: A) True. 3. It is the consumer's right to protection against dishonest or misleading information. A) Right to safety. B) Right to be informed. C) Right to environmental health. D) Right to redress or remedy. Show Answer Correct Answer: B) Right to be informed. 4. Money is borrowed and paid back later on: A) Debit Card. B) Credit Card. Show Answer Correct Answer: B) Credit Card. 5. We are developing a solar energy park to ..... 20000 homes. A) Pollute. B) Power. C) Provide. D) None of above. Show Answer Correct Answer: B) Power. 6. Which word is incorrect: ..... a computer A) Power. B) Run out of. C) Afford. D) None of above. Show Answer Correct Answer: B) Run out of. 7. Paragraph A p. 50:Topic A) The brain. B) Consumerism. C) Marketing. D) Psychology. Show Answer Correct Answer: B) Consumerism. 8. What is the author's advice for avoiding financial guilt? A) Avoid buying unnecessary items. B) Use credit cards responsibly. C) Invest in experiences rather than material possessions. D) Save up and pay cash for purchases. Show Answer Correct Answer: D) Save up and pay cash for purchases. 9. The first commercially successful computer was called ..... A) Difference Engine. B) Transistor. C) Univac 1. D) Apollo. Show Answer Correct Answer: C) Univac 1. 10. Which decade saw the birth of electronic general-purpose computers? A) 1930s. B) 1940s. C) 1950s. D) 1960s. Show Answer Correct Answer: B) 1940s. 11. Consumer are the people who consume something A) True. B) False. Show Answer Correct Answer: A) True. 12. Henry Ford and other manufacturers in the 1920's were able to quickly produce more of everything. If you can make more vehicles, you can lower your prices. What does this mean for the average person? A) They can afford more stuff!. B) They can afford less stuff!. C) It's only the rich getting richer!. D) None of above. Show Answer Correct Answer: A) They can afford more stuff!. 13. Consumerism does not play an important role in a mixed economy. A) True. B) False. Show Answer Correct Answer: B) False. 14. Which is an example of price per unit. A) When you determine how much 1 can of Dr. Pepper is when buying a 12 pack. B) The percentage taken off an item when at the register. C) The price for 1 lb of sliced turkey for your sandwich. D) When you buy something without thinking through the purchase. Show Answer Correct Answer: A) When you determine how much 1 can of Dr. Pepper is when buying a 12 pack. 15. When do you go shopping? A) When I have money. B) When I need. C) When Im bored. D) All the above. Show Answer Correct Answer: D) All the above. 16. A store that has multiple locations all carrying the exact same goods and services is called a(n): A) Discount Store. B) Chain Store. C) Outlet Store. D) Department Store. Show Answer Correct Answer: B) Chain Store. 17. What is it called when you spend more than you have? A) Withdrawal. B) Debt. C) Transfer. D) None of above. Show Answer Correct Answer: B) Debt. 18. Fill in the blank:Ayis provide a ..... to the school by keeping it clean. A) Demand. B) Fair trade. C) Service. D) None of above. Show Answer Correct Answer: C) Service. 19. Specialize A) Entertainment area. B) Rent a apartment. C) Become specialized. D) The place at the back of a car for putting luggage in. Show Answer Correct Answer: C) Become specialized. 20. The first consumer right which guarantees survival, adequate food, clothing, shelter, health care, education, and sanitation. A) The Right to Basic Needs. B) The Right to Safety. C) The Right to Information. D) None of above. Show Answer Correct Answer: A) The Right to Basic Needs. ← PreviousNext →Related QuizzesConsumer QuizzesConsumerism Quiz 1Consumerism Quiz 2Consumerism Quiz 3Consumerism Quiz 4Consumerism Quiz 5Consumerism Quiz 6Consumerism Quiz 7Consumerism Quiz 8Consumerism Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books