This quiz works best with JavaScript enabled. Home > Economics > Consumer > Behavior > Consumerism – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Consumerism Quiz 1 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What was the GI Bill? A) Helped Veterans afford houses. B) Helped people named Bill buy a house. C) Discrimination bill against African Americans. D) None of above. Show Answer Correct Answer: A) Helped Veterans afford houses. 2. What is being referred to when we talk about the author's "style" of writing? A) It involves where something is being said. B) It involves how something is being said. C) It involves when something is being said. D) It involves what is being said. Show Answer Correct Answer: B) It involves how something is being said. 3. Which of the following statements about advertising is incorrect? A) Advertising tries to influence consumer behaviour. B) The U.S. has no laws prohibiting false advertising. C) It is important to think critically about what ads say. D) Canada's Competition Act sets out rules concerning advertising. Show Answer Correct Answer: B) The U.S. has no laws prohibiting false advertising. 4. I like to go shopping all the time. Many times I am compulsive and buy things even if I don't have money. Am..... A) A thrifty buyer. B) A frugal shopper. C) An addictive shopper. D) A responsible buyer. Show Answer Correct Answer: C) An addictive shopper. 5. Choose the right option:When we refer to this type of free trade, we say that there is a market economy in the country that promotes free competition between businesses for consumer preferences. In this situation, companies are expected to be free to enter or exit the market and product prices are expected to be defined by the interplay of supply and demand. A) Free trade. B) Free domestic trade. C) Free foreign trade. D) None of above. Show Answer Correct Answer: B) Free domestic trade. 6. A warehouse-style store that carries discounted goods from a single manufacturer is called a(n): A) Department Store. B) Specialty Store. C) Discount Store. D) Outlet Store. Show Answer Correct Answer: D) Outlet Store. 7. Criminals can steal personal information to go on a shopping ..... before banks or cardholders realise they are being targeted. A) Window. B) Victim. C) Spree. D) Trip. Show Answer Correct Answer: C) Spree. 8. A reduction made from a regular price. A) Discount. B) Coupon. C) Best Value. D) Clearance. Show Answer Correct Answer: A) Discount. 9. Is Ms. Rivera's necklace name brand or generic? A) Name Brand. B) Generic Brand. Show Answer Correct Answer: A) Name Brand. 10. In 1956, John Dulles said the U.S. was willing to risk war in order to state our interests/goals. What did the U.S. call this policy of pushing close to the edge of war? A) Space Race. B) Brinkmanship. C) Containment. D) None of above. Show Answer Correct Answer: B) Brinkmanship. 11. What is the Spanish word for 'fashions'? A) Modes. B) Modes. C) Modes. D) Fashions. Show Answer Correct Answer: D) Fashions. 12. ..... are one of the strategies used by advertisers. A) Bribes. B) Advice. C) Information. D) None of above. Show Answer Correct Answer: A) Bribes. 13. People believed that what they ..... defined who they were. A) Drove. B) Ate. C) Wore. D) Bought. Show Answer Correct Answer: D) Bought. 14. From (3), why is it important to show support to local brands? A) To give more space for people to open the same businesses. B) To show support and encourage other businesses to be successful. C) To give fake hope to other small local businesses. D) To encourage people to start businesses like Dominos Pizza. Show Answer Correct Answer: B) To show support and encourage other businesses to be successful. 15. A price insensitive customer is someone who ..... ? A) Is NOT motivated by discounted goods. B) IS motivated by discounted goods. C) Buys all the product without leaving some for other customers. D) Steals to avoid paying for things. Show Answer Correct Answer: A) Is NOT motivated by discounted goods. 16. What is the author's opinion on buying products from good salespeople? A) It is a necessary evil. B) It is a waste of money. C) It is a sign of weakness. D) It is a fun experience. Show Answer Correct Answer: D) It is a fun experience. 17. Which would be the best term to express the following idea:To have a conversation trying to reach or set a price A) To haggle. B) To knock down. C) To overspend. D) To rip off. Show Answer Correct Answer: A) To haggle. 18. What is the difference between consumption and consumerism? A) Consumption is the process of buying new items, while consumerism is the dependence on buying material goods. B) Consumption is the dependence on buying material goods, while consumerism is the process of buying new items. C) Consumption and consumerism are the same thing. D) Consumption and consumerism are both harmful to the environment. Show Answer Correct Answer: A) Consumption is the process of buying new items, while consumerism is the dependence on buying material goods. 19. The Right to Recourse (have problems corrected) A) The grocery store manager will replace the spoiled milk I bought with fresh. B) I can look at the reviews of a Restaurant on Yelp and see the Score the Health Department gave it. C) I can buy a coffee mug at three different stores. D) I can complain to the grocery store manager that I bought spoiled milk. Show Answer Correct Answer: A) The grocery store manager will replace the spoiled milk I bought with fresh. 20. What is price discrimination? A) A way to maximize profits by charging the same price to every person. B) A way to maximize profits by charging different prices for the same goods. C) Discrimination of someone's race because of how much they can or cannot pay. D) A way a company minimizes the amount of money they lose in a year. Show Answer Correct Answer: B) A way to maximize profits by charging different prices for the same goods. 21. Translate BILJETTPRIS into English A) Fair. B) Fee. C) Fare. D) None of above. Show Answer Correct Answer: C) Fare. 22. He ..... online, not ..... time to spare. A) Loves shopping, not to have. B) Shopping, having. C) To shop, have. D) Shops, having. Show Answer Correct Answer: D) Shops, having. 23. Expensive is an Antonym of Afford A) True. B) False. Show Answer Correct Answer: A) True. 24. From your understanding, what is the Domino Effect? A) The effect of starting a business. B) The effect of working at Dominos Pizza. C) Feeling full of eating Pizza during Iftar. D) When a successful local brand inspires other future local brand to become successful as well. Show Answer Correct Answer: D) When a successful local brand inspires other future local brand to become successful as well. 25. Which requirement was NOT necessary for the Apollo Guidance system? A) Fast. B) Small and Light-weight. C) Cheap and efficient to make. D) Extremely Reliable. Show Answer Correct Answer: C) Cheap and efficient to make. 26. Why did Panama agree to lease the land needed for the Panama Canal to the United States? A) The United States provided aid to the Panamanian Revolution. B) The Panamanian government wanted to avoid war with the United States. C) Panama wanted to become a state within the United States. D) The United States promised to share any profits with Panama. Show Answer Correct Answer: A) The United States provided aid to the Panamanian Revolution. 27. Why does your employer withhold money from you on each paycheck? A) Because she's not a very nice person. B) To pay federal and state taxes. C) To make up hours of work you missed. D) Because you were overpaid last month. Show Answer Correct Answer: B) To pay federal and state taxes. 28. It would cost him an arm and a leg to buy the latest phone What is the meaning of the idiom to cost an arm and a leg? A) Extremely expensive. B) Cheap. Show Answer Correct Answer: A) Extremely expensive. 29. I bought ..... things yesterday. A) Much. B) Lots of. C) Many. D) None of above. Show Answer Correct Answer: B) Lots of. 30. A pair of UGG brand boots.....one hundred and eighty dollars! A) Bring back. B) Sample. C) Account. D) Cuesta. Show Answer Correct Answer: D) Cuesta. Next →Related QuizzesConsumer QuizzesEconomics QuizzesConsumerism 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