Economics Quiz

1.) "With great power comes with great responsibility." with this quote, we would know that we have our rights in consuming daily necessities and items that are our interest. As the right is the power, what is the great responsibility? Choose the most simple ad best answer

• a. Buying things that are your choice and have prejudice against those who don't like the same thing.

• b.making sure to use rights properly while exercising correct conduct towards others.

• c.Use rights to go against the retail workers, misusing the right to redress

2.)With our rights, what is the right procedure to be a good type of Karen when an employee had recommended you an item that was actually defective?

• a. Talk to the employee who had given you the item politely and ask for a refund. If there is a problem with talking to the employee ask for the manager, if both refuse then ask for government help, if all are ineffective then take legal action

• b.Immediately talk to the manager, ask for help for the refund as quickly as possible, if not done as soon as asked take legal action

• c.Take legal action immediately, no need to ask for anything and report the employee who had given the defective item.

• d.None of the above, just keep the defective item as it is.

3.) Rights are the most common thing that we were given before our very birth, but which right is the top most important and fundamental to have all rights?

• a. Right to expression

• b.Right to life

• c.Right to liberity

• d.Right to security/safety

4.) In all of our rights, this right gives us the power to voice our concerns and represent a whole community, which one is it?

• a. Right to redress

• b. Right to education

• c. Right to safety

• d. None of the above

5.This responsibility is needed when you have to be alert at all times when purchasing items.

• a. critical awareness

• b. Action

• c. Solidarity

6.Choose the definition of the responsibility of Environmental concern.

• a. To be alert at all times and check if everything is in good condition.

• b. Supporting and preserving life, living organisms, habitats and surroundings.

• c. Shifting brands based on quality

7. 7. This responsibility is how we do things with caution because we think of ways of how our decision would affect others.

• a. Social concern-awareness

• b. Environmental awareness

• c. Critical awareness

8.This means positive optimism towards something related to consumption.

• a. Consumer interest

• b. Consumer sentiment

• c. Demands in consumption

• d. None of the above

9. 9. You need to promote items like bleach, drain cleaners and oven cleaners, how will you promote them through the factors of consumption? (choose 2)

• a. Advertisements

• b. Values

• c. Imitation/Bandwagon effect of trends

• d. Income

10. 10. This is the start of the cycle of production.

• a. Supplier

• b. Retail

• c. Raw Materials

• d. Consumer