Financial Literacy and Management Concepts

Financial Literacy and Management Concepts

Assessment

Interactive Video

Business, Life Skills

6th - 10th Grade

Medium

Created by

Aiden Montgomery

Used 3+ times

FREE Resource

Sal from Khan Academy introduces a financial literacy course, emphasizing the importance of understanding money to control resources and improve life quality. The course covers topics like paychecks, taxes, and savings, and highlights the significance of financial habits. It includes videos, articles, and mastery-based practice to ensure fluency in financial topics, aiming to change perspectives and empower learners.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is financial literacy considered important according to the introduction?

It guarantees a high-paying job.

It allows individuals to control their resources effectively.

It helps in understanding complex mathematical concepts.

It is a mandatory subject in schools.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the topics covered in the financial literacy course?

History of world economies.

Advanced calculus and algebra.

Programming and software development.

Understanding your paycheck, taxes, and savings.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common issue faced by people with high salaries?

They struggle with managing their finances and savings.

They often have too much savings.

They are always financially literate.

They have no financial issues at all.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can financially literate individuals with modest means manage their finances?

By spending all their income.

By relying solely on credit cards.

By saving and budgeting effectively.

By ignoring budgeting and planning.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common perception about saving money?

It is easy and requires no effort.

It is daunting to save large amounts for big purchases.

It is unnecessary for financial stability.

It is only for wealthy individuals.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is emphasized in the course regarding financial habits?

Habits are irrelevant to financial literacy.

Creating the right habits can lead to significant savings over time.

Only large financial decisions matter.

Habits have no impact on financial management.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the course structure include to ensure understanding?

Videos, articles, and mastery-based practice.

Only written articles.

Only video lectures.

Live classroom sessions.

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