Dave Ramsey - Chapter 5 - Consumer Awareness

Dave Ramsey - Chapter 5 - Consumer Awareness

Assessment

Flashcard

Business

10th - 12th Grade

Hard

Created by

Wayground Content

Used 1+ times

FREE Resource

Student preview

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25 questions

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1.

FLASHCARD QUESTION

Front

An example of discretionary spending is:

Back

Nonessential goods and services

2.

FLASHCARD QUESTION

Front

Why do stores like mobile pay apps?

Back

It makes paying easier and faster, so customers are more likely to overspend.

3.

FLASHCARD QUESTION

Front

Why is digital ad spending projected to be $524 billion in 2024?

Back

Marketers know that you're on your mobile device more than you're reading newspaper ads or listening to live radio ads.

4.

FLASHCARD QUESTION

Front

When someone steals and uses your debit or credit card info, that's called .......

Back

Fraud

5.

FLASHCARD QUESTION

Front

What does it mean to develop power over purchase?

Back

You are able to slow down and think through your motives before buying something.

6.

FLASHCARD QUESTION

Front

To think big picture, you need to understand that . . .

Back

The best way to have more money is to have contentment

7.

FLASHCARD QUESTION

Front

Convenience is both a perk and a downside of mobile pay.

Back

True

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