This quiz works best with JavaScript enabled. Home > Economics > Consumer > Behavior > Consumerism – Quiz 17 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Consumerism Quiz 17 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. An average American women has ..... items of clothing in her wardrobe. A) 85. B) 62. C) 103. D) 34. Show Answer Correct Answer: C) 103. 2. What situation represents consumerism? A. buy fancy clothes B. do the grocery shopping A) B. B) A. Show Answer Correct Answer: B) A. 3. In the 60s you can ..... houses ..... for lack of inflation and economic crisis. A) Afford rent. B) Buy for a song. C) Kick the costs. D) None of above. Show Answer Correct Answer: B) Buy for a song. 4. It refers to a consumer's right to receive compensation for poor goods or services A) Right to service. B) Right to environmental health. C) Right to redress or remedy. D) Right to consumer education. Show Answer Correct Answer: C) Right to redress or remedy. 5. Translate:Second-hand things A) New things. B) Second hand items. C) Things that I like. D) None of above. Show Answer Correct Answer: B) Second hand items. 6. What are the top 3 things Americans spend money on Valentine's day? A) Jewelry, clothes and pets. B) Flowers, pets and dates. C) Jewelry, flowers and dates. D) None of above. Show Answer Correct Answer: C) Jewelry, flowers and dates. 7. Disadvantage is also known as ..... A) The action or activity of buying goods from shops. B) A condition that reduces the chances of success of effectiveness. Show Answer Correct Answer: B) A condition that reduces the chances of success of effectiveness. 8. What is a store brand? A) A product manufactured specially for a retailer and bearing the retailer's name. B) Something like Cheerios or Little Debbie snack cakes. C) When a producer boxes up their sale items. D) When you buy wholesale. Show Answer Correct Answer: A) A product manufactured specially for a retailer and bearing the retailer's name. 9. Speculation is ..... A) Owning several businesses in the same industry. B) Selling items at a low price to different buyers. C) Buying an item to resell it at a higher price. D) Selling all of your stocks at once. Show Answer Correct Answer: C) Buying an item to resell it at a higher price. 10. Applications may ask if a person is above the age of 18 for legal purposes. A) False. B) True. Show Answer Correct Answer: B) True. 11. A dishonest scheme or fraud designed to cheat people out of their money is commonly known as a: A) Esure. B) Relative. C) Scam. D) None of above. Show Answer Correct Answer: C) Scam. 12. These are examples of Tangible Possessions EXCEPT? A) Clothes. B) Cars. C) Jewelry. D) Time. Show Answer Correct Answer: D) Time. 13. All the following are needs EXCEPT? A) Clothing. B) Food. C) Housing. D) TV/Internet. Show Answer Correct Answer: D) TV/Internet. 14. Which word is incorrect: ..... the environment A) Run out of. B) Damage. C) Protect. D) None of above. Show Answer Correct Answer: A) Run out of. 15. A system of how money is made and spent in a country. A) Product. B) Economy. C) Resources. D) None of above. Show Answer Correct Answer: B) Economy. 16. In ..... world, many parts of the world have witnessed the growth of global companies. A) A knowledge-based. B) A technology-driven. C) An interconnected and interdependent. D) A flourished. Show Answer Correct Answer: C) An interconnected and interdependent. 17. ..... credit is typically used for larger purchases, such as a car or home.A.RevolvingB.InstallmentC.NoninstallmentD.Fixed A) B. B) A. C) C. D) D. Show Answer Correct Answer: D) D. 18. ..... influenced people to buy certain things. A) Advertisements. B) Other people. C) Nothing. D) Merchants. Show Answer Correct Answer: A) Advertisements. 19. People are creating garbage ..... (rapid) than they used to. A) Faster. B) More quickly. C) More faster. D) Faster. Show Answer Correct Answer: A) Faster. 20. How much does the belt cost? A) How does the belt fit?. B) How much does the belt cost?. C) How much does the coat cost?. D) How does the coat fit?. Show Answer Correct Answer: B) How much does the belt cost?. 21. The price the consumer pays for an item A) Retail Price. B) Markup Percentage. C) Wholesale price. D) Discount Price. Show Answer Correct Answer: A) Retail Price. 22. A form of electronic commerce that allows consumers to directly buy goods or services from a seller over the internet using a web browser. A) Online Shopping. B) Impulse Buying. C) Purchases made at a store. D) Advertisement. Show Answer Correct Answer: A) Online Shopping. 23. What is one problem with asking friends or family about a product? A) They might not use the product. B) The might not be well informed about the product. C) They might be biased. D) All of these. Show Answer Correct Answer: D) All of these. 24. What is impulse shopping? A) Buying something without thinking. B) Buying something you really want. C) Buying something for someone else. D) None of above. Show Answer Correct Answer: A) Buying something without thinking. 25. Savers earn interest. True or false? A) False. B) True. Show Answer Correct Answer: B) True. 26. Why do you buy things A) I buy things because my friends . B) I buy things because celebrities like them. C) I buy things because they are on sale and popular. D) All good reasons to shop. Show Answer Correct Answer: D) All good reasons to shop. 27. Anti consumerism A) A movement that rebels against buying things. B) A movement for fairer work conditions. C) A movement that want to encourage buying things. D) A movement that requires dedication. Show Answer Correct Answer: A) A movement that rebels against buying things. 28. Industrial growth led to A) High wages for workers. B) Cheap products. C) Cheap credit. D) All of the ab ove. Show Answer Correct Answer: D) All of the ab ove. 29. How often do you go shopping? A) I go to the mall. B) Sometimes, frequently,. Show Answer Correct Answer: B) Sometimes, frequently,. 30. What is the main focus of market-driven economies? A) Reducing waste and promoting sustainability. B) Dependence on people's spending habits. C) Creating a better quality of life for everyone. D) Protecting the environment and addressing social-justice issues. Show Answer Correct Answer: B) Dependence on people's spending habits. ← PreviousNext →Related QuizzesConsumer QuizzesEconomics QuizzesConsumerism Quiz 1Consumerism Quiz 2Consumerism Quiz 3Consumerism Quiz 4Consumerism Quiz 5Consumerism Quiz 6Consumerism Quiz 7Consumerism Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books