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Worksheets

Smart Consumer Review

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

Which of the following is an illegal practice?

a)

Marking Up to Mark Down

b)

Bait and Switch

c)

Loss Leaders

d)

Trading Up

2.

Making sure that the factory in your town is a safe workplace for its workers is the responsibility of

a)

OSHA

b)

EPA

c)

FTC

d)

CPSC

3.

Demanding a refund for a product that doesn't work involves the

a)

Right to Be Heard

b)

Right to Safety

c)

Right to Redress

d)

Right to Information

4.

Which consumer protection agency regulates the commercials on tv and radio?

a)

the CFPB

b)

the EPA

c)

the FDA

d)

the FTC

5.

Candy and chips at the checkout aisles in stores are an example of

a)

bait and switch

b)

impulse buys

c)

marking up to mark down

d)

trading up

6.

The Jungle exposed

a)

deceptive sales practices

b)

fake medicines

c)

financial scams

d)

unsafe food handling

7.

Making sure that tools people buy in stores have proper safety features is the responsibility of

a)

CPSC

b)

FDA

c)

FTC

d)

OSHA

8.

The right to choose matters because

a)

competition between companies is good for customers

b)

customers should be free to do whatever they want

c)

customers need businesses and businesses need customers

d)

customers should *fix this*

9.

Every time you make a choice, you give something up. The thing you give up is the

a)

law of demand

b)

monopoly

c)

opportunity cost

d)

shortage

10.

The first consumer protection laws were passed

a)

over a hundred years ago

b)

about 80 years ago

c)

about 50 years ago

d)

at the founding of America