Buying Choices
Advertising
Comparison Shopping
Consumer Rights & Responsibilities
Managing Your Money
100
products made for sale
What are goods?
100
the means of communication by which advertisers send their messages
What is media?
100
Macy's, Kohl's, Sears, Bloomingdales
What is a department store?
100
taking items from the store without paying for them: a dishonest and illegal thing to do
What is shoplifting?
100
the amount of money you have to spend
What is income?
200
person who buys goods and services
What is a consumer?
200
catchy words set to music to advertise a product
What is a jingle?
200
a receipt
What is a proof of purchase?
200
the place you can go to complain about a company
What is the Better Business Bureau?
200
the items you spend your money on
What are expenses?
300
a message to persuade consumers to buy a product
What is advertising?
300
ads that get you in with low price, then change the product in the store.
What is bait and switch?
300
a store that carries a specific type of merchandise (women's, men's, children's, sports, shoes, home goods, etc.)
What is a specialty store?
300
action taken to correct a wrong
What is redress?
300
2 parts: * expenses that are always the same - (ex. mortgage) * expenses that vary - (ex. concert tickets)
What are fixed and flexible expenses?
400
paying someone to do work for you.
What are services?
400
Tony the Tiger and Ronald McDonald
What are icons?
400
Making a sudden decision to buy (because of a sale, savings of money or desire to have)
What is impulse buying?
400
right to safety, right to be informed, right to choose, right to be heard, right to redress, right to consumer education
What are Consumer Rights?
400
a plan for using your money
What is a budget?
500
factors to consider before you buy something
What are cost, features, and quality?
500
newspapers, magazines, radio, tv, and internet, and direct mail
What are types of media used by advertisers?
500
manufacturer's written promise to repair or replace a product if it does not work as claimed
What is a warranty?
500
(2 part question) * a trade of one item for another * getting your money back for the item
What is exchange and refund?
500
a fee (percentage) of money paid when you borrow money
What is interest ?
M
e
n
u