Intro to Stocks

Intro to Stocks

10th Grade

7 Qs

quiz-placeholder

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Intro to Stocks

Intro to Stocks

Assessment

Quiz

Business

10th Grade

Medium

Created by

Patrick Rady

Used 2+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Kendra is setting a short-term financial goal. Which of the following would be considered a short-term financial goal?

Paying for college

Buying a home

Planning for retirement

Saving money to buy a bike

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Imagine Adrien suddenly has to repair his car due to an unexpected breakdown. What is the purpose of having an emergency fund in this scenario?

To fund long-term financial goals like retirement

To buy luxury items such as a new smartphone

To pay for unforeseen events or emergencies like car repairs

To invest in the stock market for potential gains

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a long-term financial goal for Ayanna?

Saving for a video game

Buying a new pair of shoes

Paying for college

Building an emergency fund

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is investing riskier than saving, according to Austin's finance class?

Because it takes longer to save money

Because there's a possibility of losing money

Because it only supports short-term goals

Because it is less profitable

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Imagine Isaac has $1,000. What advantage does investing this amount have over simply saving it in a bank account?

It can potentially grow more due to returns on investment over the same period

It helps you save money faster

It is only suitable for achieving short-term financial goals

It carries less financial risk

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might investors like Kenwood and Trey choose to invest in companies like Tesla or Apple?

Because they are guaranteed to make a profit

Because they need to spend their money

Because they believe in the company's mission or values

Because it is less risky than saving

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the goal of participating in a stock market simulation game, as demonstrated by Autumn and Journey's participation?

To invest all your life savings into one stock

To acquire as many different stocks as possible without regard to their value

To achieve the highest score or win a competition

To gain practical experience and knowledge about stock market investing