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Financial Literacy for Needs and Wants Flashcards | StudBud
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Financial Literacy for Needs and Wants
Financial Literacy for Needs and Wants
10 terms
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StudBud Administration
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Let this quiz inspire your own quiz for formative assessment.
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Wants are things you wish to have.
False
True
2
Financial Literacy helps us to make the right choices with our money.
True
False
3
Needs are things that you need to survive
False
True
4
Your class will be going out on an outing and your teacher would like suggestions for lunch. Which is considered a need?
Cookies from Famous Amos
Curry puffs from Old Chang Kee
Rice with vegetables and meat
Donuts from Dunkin Donuts
5
Why do we need to learn Financial Literacy?
It is hard earned money, so we must spend wisely
To improve our ISC
To improve our health
To waste money
6
Needs are .........
Essential items
Latest handphone
Wasteful items
$200 Air Force Nike Shoes
7
You have just ended your shift during your OJT and you are feeling very hungry. Choose a place you need to go to eat.
Swensens
KFC
Chicken rice at Kopitiam
Mcdonalds
8
Example of a "Want"....
Ez-link card
School shoes
Bubble tea
Water
9
Wants are essential things
True
False
10
Example of a "Need"
Pokka Ice-lemon tea
Coke
Bubble tea
Filling up water from water-cooler
