G3-5 Financial Literacy Session 10

G3-5 Financial Literacy Session 10

1st - 5th Grade

5 Qs

quiz-placeholder

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G3-5 Financial Literacy Session 10

G3-5 Financial Literacy Session 10

Assessment

Quiz

Life Skills

1st - 5th Grade

Practice Problem

Easy

Created by

Whizara Teacher

Used 1+ times

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5 questions

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1.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Borrowing for which of the following reasons are examples of a good debt?

Education

Business

Gambling

Shopping for fun

2.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Borrowing for which of these reasons are examples of bad debt?

Home Ownership

Emergency Expenses

Expensive Vacation

Expensive Car

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If you have trouble paying back a loan, you should

Not tell anyone

Ask for help

Go underground

Lie about it

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is bankruptcy?

You can't pay back your debt and your belongings are to be given up

A bank wants to give you a loan

Your bank account is closed

You have fully paid back your loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Life will be less stressful if you borrow for

Productive purposes

Non-essential items

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