4 Stages Of Wealth

4 Stages Of Wealth

10 Qs

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4 Stages Of Wealth

4 Stages Of Wealth

Assessment

Quiz

Practice Problem

Hard

Created by

Rita Oboh

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10 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

Media Image

What are the four stages of wealth?

Accumulation

Saving

Earnings

Inheritance

Answer explanation

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Why is financial survival considered as the initial stage of wealth?

Because earning is dependent on working despite heavy penniless probabilities
A stage implemented when individuals require a loan
Generational operationality is astemmed only possible from grave astonistencia
Typustainable singular dependent income

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

What is the significance of the 'financial freedom' stage in the four stages of wealth?

It allows individuals to live comfortably without working
It is the stage where individuals are still struggling financially
It is the stage where individuals have just started earning
It is the stage where individuals have accumulated some wealth but are not yet financially independent

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

What does the stage of 'financial independence' mean in the four stages of wealth?

It is the stage where individuals still need to work to maintain their lifestyle
It is the stage where individuals can maintain their lifestyle without needing to work
It is the stage where individuals have just started earning
It is the stage where individuals are still struggling financially

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

What is the final stage of wealth known as 'financial abundance'?

It is the stage where individuals are still struggling financially
It is the stage where individuals have just started earning
It is the stage where individuals have accumulated massive wealth and can live luxuriously without needing to work
It is the stage where individuals need to work to maintain their lifestyle

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

What does the 'financial security' stage represent in the four stages of wealth?

It is the stage where individuals are still struggling financially
It is the stage where individuals have just started earning
It is the stage where individuals have accumulated some wealth and can meet their basic needs without working
It is the stage where individuals need to work to maintain their lifestyle

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

What does the 'financial instability' stage signify in the four stages of wealth?

It is the stage where individuals have accumulated massive wealth and can live luxuriously without needing to work
It is the stage where individuals are still struggling financially
It is the stage where individuals can meet their basic needs without working
It is the stage where individuals have just started earning

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