Intro to Stocks

Quiz
•
Business
•
10th Grade
•
Medium
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
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