Navigating Financial Literacy and Decision-Making

Navigating Financial Literacy and Decision-Making

Assessment

Interactive Video

Social Studies

9th - 12th Grade

Medium

Created by

Emma Peterson

Used 5+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What can be a consequence of not considering future interest rate increases when taking out a mortgage?

Decreased debt

Loss of home

Increased savings

Improved credit score

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does financial literacy help adults to assess correctly?

Their health

Their financial situation

Their educational needs

Their social status

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the three components of financial literacy?

Physical fitness

Knowledge of finances

Artistic skills

Scientific understanding

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What skill do financially literate people possess?

Ability to calculate interest rates

Ability to paint

Ability to perform surgeries

Ability to write novels

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group generally has a lower level of financial literacy?

Women

Children

Teenagers

Elderly men

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does upbringing affect financial literacy?

Decreases literacy

No impact

Only affects physical health

Increases literacy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What effect do incentives have on acquiring financial knowledge?

Decrease interest

No effect

Irrelevant to learning

Increase acquisition

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