Insta-Everything

Insta-Everything

Assessment

Interactive Video

Life Skills, Business

11th Grade - University

Hard

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The video explores the convenience economy, highlighting services like Instacart and TaskRabbit that save time but may incur hidden costs. It discusses the historical shift from unpaid household labor to paid services, driven by technology and social changes. The video differentiates between leveraging services for financial gain and using them as luxuries for personal time. It warns about the financial risks of these services, emphasizing the importance of cost transparency and prioritizing long-term financial health over short-term convenience.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some examples of on-demand services mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the text define the difference between leverage and luxury in the context of outsourcing chores?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential financial risks associated with using on-demand services?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the text, why is it important to consider the cost of outsourcing services?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice does the text give regarding saving for retirement in relation to outsourcing chores?

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