Chapter 6 Test

A person who buys things

• Worker

• Entrepreneur

• Consumer

• Merchant

An unplanned purchase, generally spurred by advertising or emotion

• Impulse purchase

• Significant purchase

• Sale pruchase

• Incentive purchase

The main federal agency designed to enforce consumer protection laws

• FDIC

• FTC

• NAFTA

• SEC

Something that motivates or encourages someone to do something

• Buyers remorse

• Supply and demand

• Contentment

• Incentive

The paid display of specific products in stores, movies, television, and media

• Product placement

• Marketing

• Brand loyality

• Incentives

Which of the following is an exmaple of an economic incentive

• Debit card purchase

• Inflation

• Online sales or discounts

• Buying something for a friend

Everything a company does to get consumers to buy their product

• Brand loyality

• Marketing

• Customer loyalty

• Impulse purchase

Which of the following often impaccts teen spending decisions the most

• Peer preasure

• What adults areound them are buying

• Teens only spend money on items they need

• What is sold in discount stores

Being satisfied with what you already have

• Discontentment

• Greed

• Happiness

• Contentment

On which of the following do teens spend the most money

• Accessories such as jewelry

• Clothing and food

• Electronics

• Entertainment