Consumer Skill L1. (NGPF)

2. Influencers can have a direct impact on consumers’ financial habits because they typically…

• 1. Work with their followers to design products that consumers are likely to buy

• 1. Encourage consumers to save money instead of spending it

• 1. Rate and review products that their followers are likely to purchase

• 1. Rate and review products that their followers are likely to purchase

6. When deciding to follow an influencer on social media, the most important thing teens value is…

• 1. How authentic the influencer appears

• 1. The number of followers the influencer has

• 1. Who sponsors the influencer

• 1. The types of products and services the influencer promotes

10. An influencer is…

• 1. An advertising agency that works with various organizations to promote their products on social media

• 1. Any type of media (ad, article, picture) that convinces you to buy a product or service

• 1. Someone who agrees to follow you back if you follow them on social media

• 1. A person who has the ability to convince someone to buy a product or service by promoting it on social media

12. All of the following are ways to use social media more mindfully EXCEPT…

• 1. Make a budget and use it to track and adjust your spending from social media

• 1. Unfollow or mute accounts that encourage you to spend more money than you’d like

• 1. Delay the act of purchasing by adding something you’d like to buy from social media to a “wish list”

• 1. Check your social media accounts frequently throughout the day

18. Which of the following does social media influence consumers to buy the MOST of?

• 1. Electronics

• 1. Vacation experiences

• 1. Food or drinks

• 1. Clothing or accessories