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CONSUMER AFFAIRS - ASSESSMENT A

Total questions: 22

Worksheet time: 11mins

Name
Class
Date
1.

There are tangible materials that satisfy human wants and provide utility. These are physical items known as___________

a)

goods

b)

services

c)

consumption

d)

customer

2.

There are _______________ types of goods.

a)

five

b)

four

c)

three

d)

two

3.

Consumer items that are widely available and purchased frequently with minimal effort are BEST known as:

a)

convenience goods

b)

shopping goods

c)

specialty goods

d)

demand goods

4.

The items that consumers want to be able to compare and contrast with others before they make a purchasing decision are BEST known as____________.

a)

Research goods

b)

Convenience goods

c)

Shopping goods

d)

Specialty goods

5.

Goods which have particularly unique characteristics and brand identifications for buyers are willing to make a special purchasing effort are known as __________________.

a)

Research goods

b)

Convenience goods

c)

Shopping goods

d)

Specialty goods

6.

The item in this picture is best an illustration of __________________

a)

Research goods

b)

Convenience goods

c)

Shopping goods

d)

Specialty goods

7.

The items in this picture is best an illustration of __________________

a)

Research goods

b)

Convenience goods

c)

Shopping goods

d)

Specialty goods

8.

The item in this picture is best an illustration of __________________

a)

Research goods

b)

Convenience goods

c)

Shopping goods

d)

Specialty goods

9.

Select two pictures that illustrate examples of shopping goods

a)
b)
c)
d)
10.

Select two pictures that illustrate examples of specialty goods.

a)
b)
c)
d)
11.

Select all the examples of services from the following list.

a)

o Car

b)

o Education

c)

o Banking

d)

o Cell Phone

e)

o Hairdressing

12.

One who buys and uses goods and services for his personal use is BEST known as a

a)

Customer

b)

Client

c)

Buyer

d)

Consumer

13.

Consumption is the act of _____________.

a)

using or buying goods and services

b)

making a purchasing decision

c)

designing a budget

d)

spending money

14.

Consumerism refers to all activities and institutions that protect the rights of

a)

the consumers

b)

the government

c)

the people who price goods and services

d)

the producers of goods

15.

Which is NOT a need?

a)
b)
c)
d)
16.

Which is NOT a want?

a)
b)
c)
d)
17.

A budget is a financial plan of how to ______________________________.

a)

make money by selling products

b)

invest money in a project

c)

spend money that is available to you

d)

choose the best banking institution

18.

Money from your earnings is known as your

a)

income

b)

savings

c)

investments

d)

expenditure

19.

The money that you spend is known as your ___________________

a)

income

b)

savings

c)

investments

d)

expenditure

20.

The amount of goods and services that consumers will buy at a given price at a particular time is known as consumer ___________.

a)

demand

b)

supply

c)

taste

d)

market

21.

The world is becoming a smaller space as a result of trade and cultural exchange. This process is BEST known as:

a)

world market

b)

open market

c)

new trade

d)

globalization

22.

Select two pictures that illustrate examples of convenience goods

a)
b)
c)
d)