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FinCap Friday: Scroll, Tap, Buy Flashcards | StudBud
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FinCap Friday: Scroll, Tap, Buy
FinCap Friday: Scroll, Tap, Buy
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A #personalfinance quiz about impulsive shopping within social media apps.
Flashcards
5 cards
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Practice quiz
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Questions
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Answers
1
What is the average amount of money an American teenager spends on food and clothes each year?
$1,200
$5,000
$2,600
$4,100
2
According to a 2018 Survey, what percentage of US teens say they are Instagram users?
48
72
65
89
3
What's one reason Instagram decided to let companies sell products to users within the app?
Instagram wants big brands using the app, not individuals
Instagram will charge companies a selling fee
Instagram was bought by Facebook & this was part of the deal
Instagram is rebranding as a shopping platform
4
In March 2019, Instagram announced a brand new feature! What is it?
You can now pay to become blue check verified
You can now pay for purchases within the app
You can now pay to remove all sponsored posts from your feed
You can now pay to keep your stories posted for a week
5
Which brands below are now able to sell items directly from within the instagram app?
Kylie Cosmetics and Adidas
Gucci and Balenciaga
Toms and Supreme
Ray-Ban and Tommy Hilfiger
