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consumerism

Total questions: 16

Worksheet time: 16mins

Name
Class
Date
1.

What is a consumer?

a)

Someone who buys goods and services

b)

Someone who sells goods and services

c)

Someone who owns a business

d)

Someone who works at a bank

2.

What is a budget?

a)

An estimation of income and expenses

b)

A financial plan

c)

A way to help save money

d)

All are correct

3.

What are fixed expenses?

a)

Things you buy that vary in price

b)

Things you pay for on a regular basis

c)

Daily spending decisions

d)

Things you buy that you want

4.

Which country is the world's largest consumer?

a)

China

b)

India

c)

America

d)

Russia

5.

Throughout her lifetime, an average American woman will spend more than _______ years shopping.

a)

2

b)

4

c)

6

d)

8

6.

Which of the following describes the social nature of consumerism?

a)

Shopping for pleasure and luxury

b)

Shopping to keep up with the trends

c)

Shopping to make life easier

d)

All of the above

7.

Which of the following is a need and not a want?

a)

Cable

b)

Phone

c)

Groceries

d)

Air conditioning

8.

Which of the following can increase sales in a company?

a)

More production

b)

More employment

c)

More advertising

d)

More quality control

9.

Which would be the best term to express the following idea: To look in different shops for the best option or bargain

a)

To snap up

b)

To shop around

c)

To splash out

d)

To afford

10.

Which would be the best term to express the following idea: To calculate the amount of money you are going to use or spend on something

a)

To get into debt

b)

To overspend

c)

To afford

d)

To budget

11.

Which would be the best term to express the following idea: To have a conversation trying to reach or set a price

a)

To rip off

b)

To knock down

c)

To haggle

d)

To overspend

12.

Which would be the best term to express the following idea: To be able to pay something for a good or article

a)

To overcharge

b)

To pick up

c)

To afford

d)

To snap up

13.

The phenomenon when people buy a lot of products is called...

a)

Mass consumerism

b)

Mass consumption

c)

Mass consumer

d)

Mass consume

14.

Somebody who is a heavy spender is a ...

a)

thrifty

b)

thriftshop

c)

spendtrifth

d)

spendthrift

15.

Somebody who is careful about his/her money is...

a)

Spenthrift

b)

Thrifty

c)

Conservative

d)

Greedy

16.

People are pushed to consume, mainly because of...

a)

Sales

b)

Discounts

c)

Advertisements

d)

Announcements