Economic and Personal Finance

Economic and Personal Finance

6th Grade

15 Qs

quiz-placeholder

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Economic and Personal Finance

Economic and Personal Finance

Assessment

Quiz

Social Studies

6th Grade

Hard

Created by

John Robinson

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is debt?

Money you have borrowed and need to pay back

Money you make from working at a job

Money you make from the government

Taxes that you pay when you buy something

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Everyone makes choices about how to manage his or her money/income from a job. This is also known as what?

Personal Finance

Government

Civics

Geography

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Medium of exchange used to buy goods and services.

Credit

Investing

Saving

Money

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Buy something now and pay for it later. 

Credit

Debit

Investing

Spending

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A monthly account of the money that you have in your bank and how you spent it.

Annual Fee

Certificate of Deposit

Bank Statement

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the purpose of a budget?

To help people drive safer

To lead a healthier life and become rich

To help people work more productively

To help people plan their spending and saving decisions

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is the most financially responsible decision?

Macy earned $40 washing cars. She donates it all to save the turtles.

Jana earns $10 for doing chores. She gets one toy at the dollar store and saves the other $9.

Jackson receives $20 for his birthday. He spends $30 at target.

Brendyn earns $50 selling his video games. He spends $50 on new video games.

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