
Millionaire Trivia
Authored by Vicki Stidham
Business
10th - 12th Grade
Used 7+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most millionaires are college graduates.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most millionaires attended private schools.
True
False
Answer explanation
Most millionaires attended public schools just like you.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Many poor people become millionaires by winning the lottery.
True
False
Answer explanation
Few people get rich by being lucky.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A college graduate earns almost double the annual income of a high school graduate.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most millionaires drive expensive new cars.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Millionaires tend to avoid the stock market.
True
False
Answer explanation
Most millionaires do play the stock market. They invest their money in companies that exceed the compounding interest rate which makes them make money in stocks. However, it can be risky.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
At age 18, you decide not to drink soda from the vending machine and save $1.50 a day. You invest this $1.50 a day at 8 percent interest until you are 67. At age 67, your savings from not buying soda from the vending machine are almost $300,000.
True
False
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