consumer resource vocab
advertising techniques
credit
money
shopping
100

Anyone who buys items or pays someone to do a service.

Consumer

100

Using ads that make you laugh.

Humor/Funny

100
An agreement that allows you to buy an item now and pay later.
Credit
100

Expenses that change from month to month. State the correct response and one example.

Flexible Expenses. An example might be your heating or cooling bill, your groceries, gifts, toll booth...answers will vary but must be charges that change from month to month!

100

Things that make life more enjoyable and things that you need to live. (This is a two word response that has to be in order!)

Wants and Needs

200

Where ads are broadcast or displayed is called

Media

200

Suggesting that you must have the product to be popular, cool or in style.

Must-have

200
A partial, initial cash payment followed by regular monthly installments or payments.
Down payment
200
Expenses that stay the same from month to month. State the correct response and one example.
Fixed Expenses. An example might be your mortgage, rent, car payment, your internet/tv/phone bill...answers will vary but must be charges that stay the same!
200

When you buy something without evaluating the quality or the price.

Impulse Buying

300

Something that merits attention before something else.

Priority

300

Featuring a celebrity saying how the product worked for them.

Testimonial and/or Endorsement (either word will be taken)

300
The percentage cost of credit on a yearly basis.
Annual percentage rate
300
Money set aside for future use. Give the correct response and one example that applies to teens.
Savings. Possible examples would be: a car, college, a trip...answers will vary 
300

A promise that a product will work for a certain period of time if used correctly.

Warranty

400

Attempts to cheat a consumer.

Fraud

400

Using images and sounds to appeal to your senses.

Sense appeal

400
A fee for the use of credit.
Finance charge
400
A spending plan.
Budget
400
Comparing quality, price and features of the a product before making a purchase.
Comparison shopping
500

When companies place products on certain areas on the shelf for cutomers

Product Placement

500

How much is a Super Bowl Commercial in 2024  (30 Seconds)

7,000,000

500
A charge a borrower pays a lender for the use of money.
Interest
500
Money you receive.
Income
500
When a store advertises a product at a low price and then tries to get you to buy a more expensive item.
Bait and Switch
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