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Session 2 Quiz

Test What You Learned!

8 multiple-choice questions about Session 2: Needs vs. Wants. Get 6 or more right to pass!

How it works:

Progress

1

Which of the following is always a need?

  • Designer sneakers
  • Clean drinking water
  • A gaming console
  • A birthday party
2

What is opportunity cost?

  • The price of something at the store
  • What you give up when you make a choice
  • The cost of returning an item
  • How much something costs to make
3

How do advertisers create a sense of urgency?

  • By offering high-quality products
  • By saying 'limited time only' or 'while supplies last'
  • By making products that last a long time
  • By offering free shipping
4

What does Israf mean?

  • Saving money wisely
  • Wastefulness or extravagance
  • Being generous with others
  • Spending money on needs
5

What is Qasad?

  • Extreme saving
  • Spending everything you have
  • Moderation — the balanced middle path
  • Giving all your money away
6

A phone can be a need or a want depending on what?

  • Its brand name
  • Its color
  • The context and how it is used
  • How much it costs
7

What does FOMO stand for?

  • First Offer, Money Off
  • Fear Of Missing Out
  • Finding Our Money Options
  • Free On Most Orders
8

According to Quran 7:31, what is the guidance about spending?

  • Never spend money on yourself
  • Eat and drink but do not be extravagant
  • Save all your money
  • Only buy the cheapest option