Unit 2 Financial Literacy Review Day 3
Quiz
•
Social Studies
•
4th Grade
•
Practice Problem
•
Medium
Amari Jones
Used 9+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is not a basic need?
entertainment
housing
food
transportation
2.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What term means to buy something that will help money grow?
buy
save
invest
spend
3.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is a stock?
a savings account
ownership of a home
part of a company
money spent on needs
4.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is interest?
a fee for borrowing money
an investment to grow money
cash used for buying wants
money obtained through a loan
5.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
How long does it take to pay back a house loan?
a) 5-10 years
b) 40-50 years
c) 15-30 years
d) 60-75 years
5-10 years
15-30 years
40-50 years
60-75 years
6.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
What is a need?
a birthday cake
streaming a movie
new tires for a car
tickets to a concert
7.
MULTIPLE CHOICE QUESTION
45 sec • 2 pts
How might an investment in stock be risky?
The company may fail.
An ad compaign goes viral.
Employees enjoy working.
New products are developed.
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