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Worksheets

Ramsey Chapter 5

Total questions: 14

Worksheet time: 7mins

Name
Class
Date
1.

the part of your brain that helps regulate your stress responses

a)

Amygdala

b)

Prefrontal Cortex

c)

Buyers Remorse

d)

Contentment

2.

the financial opportunity that is lost when you choose to do something else with your money

a)

Opportunity Cost

b)

Extended Warranty

c)

Manufacturer's Warranty

d)

Consumerism

3.

the public’s ability to recall and recognize a brand by its logo, jingle, packaging, or name

a)

Brand Recognition

b)

Marketing

c)

Consumerism

d)

Contentment

4.

the shopping people do to lift their mood when they’re discontent

a)

Retail Therapy

b)

Contentment

c)

Buyers Remorse

d)

Impulse Buying

5.

the theory that spending money and consuming goods is good for the economy

a)

Consumerism

b)

Brand Recognition

c)

Marketing

d)

Opportunity Cost

6.

a promise from the manufacturer that a product will be replaced or repaired if it’s faulty

a)

Manufacturer's Warranty

b)

Extended Warranty

c)

Opportunity Cost

d)

Consumerism

7.

the unauthorized use of your debit or credit card number and PIN or the forging of your signature

a)

Card Fraud

b)

Identity Theft

c)

Buyer's Remorse

d)

Retail Therapy

8.

the part of your brain that controls memory, impulses, and thoughts

a)

Prefrontal Cortex

b)

Amygdala

c)

Contentment

d)

Retail Therapy

9.

buying anything without planning to do so in advance

a)

Impulse Buying

b)

Retail Therapy

c)

Consumerism

d)

Buyers Remorse

10.

a feeling of guilt, regret, or unease after making a purchase

a)

Buyers Remorse

b)

Impulse Buying

c)

Consumerism

d)

Contentment

11.

the process of communicating the value of a product or service to customers

a)

Marketing

b)

Consumerism

c)

Brand Recognition

d)

Identity Theft

12.

the act of fraudulently gaining and using the personal information of someone else, usually for financial gain

a)

Identity Theft

b)

Card Fraud

c)

Consumerism

d)

Opportunity Cost

13.

extra coverage for the repair or replacement of items purchased

a)

Extended Warranty

b)

Manufacturer's Warranty

c)

Contentment

d)

Opportunity Cost

14.

the state of being satisfied with who you are and what you have in life

a)

Contentment

b)

Consumerism

c)

Retail Therapy

d)

Amygdala