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Consumer Skills Review

Authored by John Robinson

Social Studies

12th Grade

Consumer Skills Review
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25 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Someone who buys and uses goods and services are called

Consumers

Producers

Entrepreneurs

Capitalists

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a good consumer rule for expensive items?

Buy the product that your consumer research says is the best.

Buy the most expensive since price reflects quality.

Buy what you want.

Buy the product after comparing the benefits and cost of alternatives.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

To be a better consumer of the news you should...

Be critical of what you read and hear

Be uncritical of what you read and hear

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When you are deciding what to buy, you should not...

compare the unit price of similar items.

read reviews from unbiased sources.

assume that buying the cheapest item is the smartest choice.

wait for sales to get the best price.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following best describes "impulse buying"?

Purchasing items after careful consideration of all options

Buying something under the influence of a temporary emotion

Planning to buy specific items before entering a store

Researching products online before purchasing in-store

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary role of a consumer in the economy?

To produce goods and services

To purchase and use goods and services

To regulate market prices

To invest in businesses

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a characteristic of a wise consumer?

Buying items on impulse

Ignoring product reviews

Comparing prices before purchasing

Purchasing the most expensive brand

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