240522 video Understanding Needs, Wants, and Financial Literacy

240522 video Understanding Needs, Wants, and Financial Literacy

Assessment

Interactive Video

Created by

BRETT HOWIE

Mathematics

1st - 5th Grade

Hard

04:38

10 questions

Show all answers

1.

MULTIPLE CHOICE

30 sec • 1 pt

What is the primary focus of financial literacy as discussed in the video?

2.

MULTIPLE CHOICE

30 sec • 1 pt

Which of the following is considered a need?

3.

MULTIPLE CHOICE

30 sec • 1 pt

Why is it important to understand the difference between needs and wants?

4.

MULTIPLE CHOICE

30 sec • 1 pt

What does 'opportunity cost' refer to?

5.

MULTIPLE CHOICE

30 sec • 1 pt

What dilemma does Frankie face in the video?

6.

MULTIPLE CHOICE

30 sec • 1 pt

What should Frankie consider when making her decision?

7.

MULTIPLE CHOICE

30 sec • 1 pt

What is the consequence of Frankie choosing to go to the movie?

8.

MULTIPLE CHOICE

30 sec • 1 pt

What can be inferred about Frankie's financial situation?

9.

MULTIPLE CHOICE

30 sec • 1 pt

What is a practical way to make a decision between two wants?

10.

MULTIPLE CHOICE

30 sec • 1 pt

What is the final advice given for practicing financial literacy?

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