The Economics of Fast Fashion Quiz

What is the main characteristic of fast fashion?

• Rapid turnover of low-cost garments

• Seasonal clothing releases

• Limited clothing options

• High-cost garments

Which company is considered a leader in the fast fashion industry?

• Zara

• Nike

• Levi's

• Gucci

What percentage of clothing sold in the United States is imported?

• 75%

• 50%

• 100%

• 97%

What was the deadliest garment-industry accident in history?

• Bangladesh factory fire

• Rana Plaza collapse

• Cambodia factory collapse

• Triangle Shirtwaist Factory fire

How much did Americans spend on 'Apparel and Services' per household in 2014?

• $3,000

• $2,500

• $1,786

• $1,000

What is a major environmental concern associated with fast fashion?

• Deforestation

• High water usage

• Air pollution

• Excessive packaging

Which company offers 'radical transparency' about its production process?

• H&M

• Everlane

• Zara

• Forever 21

What is the average number of new clothing pieces bought by an American per year?

• 30

• 9

• 60

• 100

What is the monthly minimum wage for garment workers in Bangladesh?

• $50

• $68

• $150

• $100

Which crop is known for its high water consumption in the fashion industry?

• Cotton

• Wheat

• Rice

• Corn