Consumer Skills

________________ are people who use services or buy goods.

• Producers

• Resources

• Pretty

• Consumers

Any object that you buy to satisfy a want or desire.

• Service

• Good

• Opportunity Cost

• Industry

How does financial education help students become responsible consumers?

What is the term for people who use services or buy goods?

• Producers

• Resources

• Pretty

• Consumers

What do you call an object that you buy to satisfy a want or desire?

• Service

• Good

• Opportunity Cost

• Industry

Which word describes the act of making a choice between alternatives?

• Decision

• Consumption

• Production

• Distribution

What is the term for the money spent on goods and services?

• Income

• Expense

• Savings

• Investment

Which of the following is a synonym for 'purchase'?

• Sell

• Buy

• Exchange

• Borrow

What is the opposite of 'consumer'?

• Producer

• Buyer

• Seller

• Customer

Which word refers to the ability to understand and use information effectively?

• Literacy

• Numeracy

• Fluency

• Competency