Show:
Vocab
Brands
Kinds of Advertising
Bankruptcy
Scams and Fraud
100

Consumerism is? 

Buying things to fulfill a want instead of a need. Buying stuff to appear successful, make you feel good etc.

100
What is generic brand? 
Mass produced goods at cheap, varying quality in a plain white or yellow label 
100

Broadcast media? 

Radio, TV 

100

A con about going bankrupt? 

Lowers credit score, can't have credit cards for a while, higher interest loans in the future

100

What is malware? 

virus or a way your information is taken online
200
What would be an impulse buy? 

Something you don't plan on buying, but buy spur on the moment

200
What is name brand? 
A brand sold in many stores that is recognized as quality 
200

Print Media? 

Magazines, Newspapers 

200

1 benefit to bankruptcy? 

You can start over with a "clean slate"

200
Everyone get rich playing the lottery? T/F

FALSE! BRUH

300

What is skimming? 

When your credit card or debit card information is stolen by a device over an ATM or Gas Pump.

300

What is store brand? 

A brand owned by certain stores or chain store. Think Great Value at Walmart. 

300

Direct Marketing Ads? 

Emails, Telemarketing, direct mail

300

What is not forgiven in bankruptcy? 

Taxes owed, student loans

300

You should tell strangers your personal/financial information? T/F

FALSE, BRUH 

400
What is comparison shopping? 
When you research similar products for their features, warranties, price, availability, and the best deal for you.
400

If you have a limited warranty, what does that cover? 

Specific parts, defects or for a certain time frame (30 days) 

400

Product placement? 

In a movie, TV show, video game

400

What is the number one reason people go bankrupt (US)? 

Medical bills/expenses

400

You should have 4 credit cards when you graduate high school? T/F

FALSE, BRUH 

500
High interest loans from shady people or companies are? 

Predatory Lending

500

If you have full warranty, this covers? 

Company has to repair or replace in a specific warranty period. 

500

Internet Ads? 

Pop up ads, Banner ads, text ads 

500

What are other reasons people go bankrupt? 

Credit cards, divorce, loss of job, unexpected  expenses

500

Give someone next to you a compliment! 

:)