When considering the environment we should be looking at all of the following except

How the product affects supply and demand

Which of the following is not a reason for the government to intervene in the economy?

to help fix prices for companies

All of the following are examples of boycotts except

A price increase of a product due to high demand

tax paid at the time of buying a product or service

Extreme Right Wing party platform

people should be completely self-reliant

Which example is a characteristic of a mixed economy?

resources both privately and publicly controlled

To what extent do you think the government should be involved in the economy?

mostly involved, entirely involved, not at all involved, somewhat involved

economic activity based on buying products illegally

demand increases, price increases

A tax based on a percentage of what you earn

When analyzing how your choices affect jobs, all the following should be considered except...

How much money you have to spend

What are social programs?

services provided by government to reduce inequalities

How much money people have to spend and what spend it on

health care paid by yourself, the insurance you purchase or your employer

price increase, Supply increases

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Social Studies 9: Unit 2 - Economics/Consumerism/Social Programs

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Questions 40

Answers

1
When considering the environment we should be looking at all of the following except
How a product is made
What a product is made out of
How the product affects supply and demand
How to dispose of the product
2
Which of the following is not a reason for the government to intervene in the economy?
inform and protect consumers
to help fix prices for companies
promote programs essential for the public good
to ensure good and fair practices
3
Consumerism drives what type of economy (ies)?
Both Market and Mixed
Mixed
Market
Planned
4
A consumer is anyone who has money to spend, and who purchases a product
True
False
5
Finish the sentence: Ads encourage consumers to buy products ___________________
to enhance their social aspect of quality of life
to enhance their political quality of life
so they have something to with their lives
even if they don't need them
6
What is the second basic economic question?
How will it be produced?
When will it be created?
What is needed or wanted?
Who will get it?
7
The 3 that were missing from the previous question include all of the following except...
Testimonial
Plain Folks Appeal
Fancy Folks Appeal
Emotional Appeal
8
All of the following are examples of boycotts except
Animal rights groups protesting testing on animals
Environmental organizations fighting illegal pollution
A price increase of a product due to high demand
human rights activists cracking down on slave/child labour
9
What is sales tax?
a tax on some items that are bad for your health
tax paid at the time of buying a product or service
a tax paid on the money you earn
a tax on your investments earnings
10
The different advertising techniques include all of the following except...
Glittering Generalities
Bandwagon Effect
Documented Hyperbole
Scientific Appeal
11
What type of healthcare do we have in Canada?
Free
Private
Universal
Tiered
12
A decision by a group of consumers not to buy a certain product is called a...
Strike
union disclosure
Boycott
Boyscott
13
What is a crown corporation?
owned by the people
an oil corporation
owned by the government
a royal corporation
14
Extreme Right Wing party platform
government takes care of everyone
people should be completely self-reliant
moderate taxes for some social services
focus on cooperation among the people
15
The advertising technique most prominently used in this print ad is...
Bandwagon Effect
Scientific Appeal
Glittering Generalities
Celebrity Testimonial
16
The following Print ad is BEST represented by what advertising technique
Testimonial
Glittering Generalities
Plain Folks Appeal
Bandwagon Effect
17
Which example is a characteristic of a mixed economy?
individual consumers have all the influence
resources both privately and publicly controlled
government decides what is to be produced
based only on the choices of the individual
18
Which example is a characteristic of a planned economy?
Government controlled
resources are publicly and privately owned
resources are privately owned
individuals decide how to use resources
19
When considering our identity as a consumer, our purchases should align with our...
Ethics and Morals
Values
All of the above
Beliefs
20
What is scarcity?
limited demand
excess supply
excess demand
limited supply
21
What are the two key principles of a market economy?
supply and demand; competition
supply and demand; price
competition; price
competition; monopoly
22
Which is an example of when a mixed economy shifts left?
government corporations
NAFTA
public health care
cuts to government spending
23
Which example is a characteristic of a market economy?
resources publicly and privately owned
individuals and government make decisions
government decisions for resources
resources privately owned
24
Marketing and Advertising is used in which type (s) of economic systems?
Mixed
Market and Mixed
Market
Centrally Planned
25
To what extent do you think the government should be involved in the economy?
mostly involved
entirely involved
not at all involved
somewhat involved
26
Underground economy?
economic activity taxed by government to pay for services
health care paid for by individuals.
policy of a political party or government about what to tax
economic activity based on buying products illegally
27
If supply decreases
demand increases
demand decreases
price decrease
price increases
28
All of the following are factors that consumers should consider before purchasing goods except:
Factors of Production
Jobs
Identity
Health and Safety
29
Income tax is....
A tax only charged on goods in some provinces
A tax based on a percentage of what you earn
A tax on your investments
A tax on what you buy
30
When analyzing how your choices affect jobs, all the following should be considered except...
Use of salve labour or poor working conditions
How much money you have to spend
Local vs. International jobs
Made by hand or made by machines
31
What are social programs?
services provided by government to reduce inequalities
health care paid for by individuals
a concept in statistics that means the middle number
all the economic activity in a society taxed by government
32
Consumerism is....
How much money people have to spend and what spend it on
Too much supply of a product, with very little demand for it
An overabundance of demand, with very little supply provided
The study of what to make, how it's made and who will buy it
33
Marketing and Advertising are generally used to create....
Demand
A higher GDP
Supply
Scarcity
34
Considering health/safety of a product before purchasing it requires all the following except
Looking at the price
Reading all labels
Considering warnings such as WHMIS
Looking at Nutrition Information/Ingredients
35
private health care
services provided by government to reduce inequalities
health care paid by yourself, the insurance you purchase or your employer
health care paid for by taxes
all the economic activity in a society
36
Which is an example of when a mixed economy shifts right?
funding for farmers
reduce government regulations
privatizing crown corporations
pensions for seniors
37
If demand decrease..
price increase
Supply increases
supply decreases.
it is equilibrium.
38
What are the three factors of production?
land, labour, resources
labour, capital, land
capital, resources, labour
resources, land, capital
39
How do producers strive to get consumers to buy their products?
advertising
fix prices
poorer quality
create a monopoly
40
The theory of consumerism states that the more____people have, the more likely they are to ____
Money, Spend it
Resources, Utilize Land, Labour and Capital
Money, Save it
Resources, Enhance Economic Growth

Social Studies 9: Unit 2 - Economics/Consumerism/Social Programs Flashcards | StudBud