
Explaining Basic Financial Concepts YOU Should Understand
Interactive Video
•
Financial Education
•
6th - 8th Grade
•
Practice Problem
•
Hard
Caroline Hepburn
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
Are you enjoying the video lesson?
Yes
No
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the four stages of the economic cycle as presented?
Boom, Peak, Bust, Reset
Growth, Recession, Depression, Recovery
Expansion, Contraction, Trough, Peak
Prosperity, Decline, Stagnation, Revival
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is NOT listed as a factor in calculating a credit score?
Payment History
Credit Utilization
Credit Age
Income Level
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main benefits of using money for transactions?
It makes trading easier
It guarantees a fixed value for goods
It removes the need for trust between parties
It allows for direct bartering of goods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is considered the most valuable asset for wealth-building?
Luck
High Income
Time
Gold
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