Wants, needs, savings, debt

Wants, needs, savings, debt

8th - 10th Grade

25 Qs

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Wants, needs, savings, debt

Wants, needs, savings, debt

Assessment

Quiz

Business

8th - 10th Grade

Practice Problem

Easy

Created by

Aimee Ross

Used 2+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that we would like to have but are NOT necessary for our survival

Wants

Needs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things we must have in order to survive, food, clothing water and shelter

Wants

Needs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Vegetable and fruits is an example of a

Want

Need

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A new car is an example of a

Want

Need

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Income tax is also called

PAYE

GST

PIE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do we need to save? Choose the best answer

For emergencies

For goals

For the future

All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When you are paid interest only on the amount you deposit

Simple interest

Compound interest

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