Unit 2 Review

Unit 2 Review

12th Grade

50 Qs

quiz-placeholder

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Unit 2 Review

Unit 2 Review

Assessment

Quiz

Social Studies

12th Grade

Hard

Created by

Juan Sarabia Parra

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one primary benefit of purchasing insurance?

Guaranteed investment returns

Avoiding all financial risks

Peace of mind and financial protection

Elimination of deductibles

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential cost associated with buying insurance?

Increased asset value

Lower monthly premiums

Deductibles and co-pays

Enhanced personal well-being

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a financial benefit of having insurance?

Reduced monthly premiums

Unlimited coverage for all expenses

Tax deductions on premium payments

Financial protection from unexpected costs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might be a drawback of over-insuring with excessive coverage?

Greater financial protection

Lower premium costs

Wasting money on unnecessary coverage

Eliminating deductibles

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a personal benefit of insurance?

Increasing your risk tolerance

Reducing the need for emergency savings

Providing a safety net during unexpected events

Guaranteeing wealth accumulation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of philanthropy?

To make a profit for businesses

To promote the well-being of others

To gain fame and recognition

To replace government programs

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a common motivation for philanthropy?

Altruism

Personal values

Social responsibility

Competing for donations

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