
Exploring Personal Financial Literacy Vocabulary
Interactive Video
•
Mathematics
•
1st - 5th Grade
•
Medium
+6
Standards-aligned

Sophia Harris
Used 11+ times
FREE Resource
Standards-aligned
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of personal financial literacy is covered by understanding the vocabulary?
100%
75%
50%
90%
Tags
CCSS.6.RP.A.3B
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of taxes according to the video?
To increase personal savings
To fund private businesses
To pay for personal expenses
To support government services
Tags
CCSS.RI.3.10
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of tax is added when you purchase items at a store?
Income tax
Property tax
Sales tax
Corporate tax
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of April 15th mentioned in the video?
Bank holiday
Start of new semester
Tax day
End of financial year
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does 'gross income' represent?
Only taxable income
Income from investments only
Total income before deductions
Income after taxes
Tags
CCSS.3.OA.D.9
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens to your paycheck due to deductions?
Remains the same
Increases due to overtime
Fluctuates based on government policy
Decreases due to mandatory deductions
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is deducted from your gross income to arrive at your net income?
Optional expenses
Investment profits
Deductions like taxes
Only federal taxes
Tags
CCSS.7.RP.A.3
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