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Smart Path Financial Literacy

Total questions: 16

Worksheet time: 12mins

Name
Class
Date
1.

Help Graham remember the different types of advertising techniques by matching each term to the correct definition.

a)

Prizes

1.

Using a chance to win a product, can increase interest.

b)

Sense Appeal

2.

Using sights and sounds to appeal to your senses: sight, touch, taste, etc.

c)

Endorsements

3.

Featuring someone, like a celebrity, saying how the product worked for them can be convincing.

d)

Hype

4.

Using words that make the products seem really exciting.

2.

Help Graham make the best commercial by filling in the boxes with what should be in the commercial for each section. Scene 1 - Introduce your product. What should be included in Scene 1?

a)

A brief introduction of the product

b)

A detailed history of the company

c)

Testimonials from customers

d)

A list of product features

3.
  1. What is the main purpose of a commercial?

a)
  1. A. To entertain people

b)
  1. B. To inform people about history

c)
  1. C. To influence people to buy a product

d)
  1. D. To help people make new friends

4.
  1. Which of the following is an example of a trend?

a)
  1. A. Drinking water every day

b)
  1. B. A new toy that everyone wants

c)
  1. C. Studying for a math test

d)
  1. D. Going to sleep at night

5.

What does the “24-hour rule” suggest you do before buying something?

a)

A. Ask your teacher

b)

B. Buy it right away

c)

C. Wait one day to decide if you really need or want it

d)

D. Tell a friend to buy it first

6.

Which of these is a technique used in advertising?

a)

A. Repeating the same message

b)

B. Making a long video

c)

C. Using math problems

d)

D. Asking people to read a book

7.

What can influence your decision to buy something?

a)

A. Friends

b)

B. Trends

c)

C. Advertising

d)

D. All of the above

8.

A (a)   is something that becomes popular for a short period of time.

9.

Which of these is a one-time cost whenbuying a pet barracuda?

a)

A. Fish food

b)

B. Water filter

c)

C. Tank cleaner

d)

D. Electricity for the heater

10.

What does “total cost” mean?

a)

A. Only what you pay at the store

b)

B. The amount you save after buying something

c)

C. The full amount you pay over time, including one-time and ongoing costs

d)

D. The price you see on a commercial

11.

Why is it important to know about ongoing costs before making a purchase?

a)

A. So you can borrow more money

b)

B. So you can budget and make sure you can afford it

c)

C. So you can buy more things

d)

D. So you can return the item later

12.

Which of the following could lead to unexpected total costs?

a)

A. Reading the label carefully

b)

B. Asking for a receipt

c)

C. Buying an app with in-app purchases

d)

D. Returning a product right away

13.

Ads often try to create an (a)   response to make us want to buy something.

14.

A (a)   cost only happens once when you buy something.

15.

(a)   costs keep coming back, like monthly payments or regular expenses.

16.

If you don’t plan for ongoing costs, you might not be able to (a)   the item you bought.