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KELAS XII SOSIAL UNIT 4 - 1 Flashcards | StudBud

Explore/KELAS XII SOSIAL UNIT 4 - 1

What can be a cause of financial stress for individuals?

What can happen if someone neglects financial planning?

KELAS XII SOSIAL UNIT 4 - 1

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Quiz on Cause and Effect of Financial Behavior

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Questions 10

Answers

1
What can happen if someone neglects financial planning?
Increasing savings
Facing unexpected financial challenges
Reducing financial stress
Achieving financial goals easily
2
What can be a cause of financial stress for individuals?
Investing wisely
Unexpected expenses
Regular saving habits
Having a financial plan
3
What is a positive effect of regularly saving money?
decreased income
Financial security
increased spending
increased debt
4
What is a primary cause for individuals choosing to save money?
economic uncertainty
desire to spend
boredom
peer pressure
5
What is a common reason people overspend during sales?
Financial literacy
Economic stability
Marketing influence
Budgeting skills
6
What is a benefit of having an emergency fund?
Less need for budgeting
Higher debt levels
Financial security during crises
Increased spending
7
What is a potential effect of having a budget?
Better control over spending
Increased financial stress
Higher impulse purchases
Decreased savings
8
What is a long-term effect of excessive spending?
Accumulation of high-interest debt
Improved financial health
Increased investment opportunities
Increased savings
9
What emotional triggers can lead to impulsive spending?
Good financial planning
Financial education
Saving for the future
Stress or boredom
10
Why is investing in education considered important?
It reduces expenses
It has no impact
It increases career opportunities and earning potential
It leads to debt