1. Deception and Fraud/Ch. 2 & 3
Jeopardy
Protecting
Consumer
Rights
Deception and Fraud/Ch. 2 & 3
Safeguarding
Your
Privacy
The Power
Of Consumers
Q $100
Q $100
Q $100
Q $100
Q $200
Q $200
Q $200
Q $200
Q $300
Q $300
Q $300
Q $300
Q $400
Q $400
Q $400
Q $400
Q $500
Q $500
Q $500
Q $500
Final Jeopardy

2. Deception and Fraud/Ch. 2 & 3
Jeopardy
Protecting
Consumer
Rights
Safeguarding
Your
Privacy
The Power
Of Consumers
Deception and Fraud/Ch. 2 & 3
Q $100
Q $100
Q $100
Q $100
Q $200
Q $200
Q $200
Q $200
Q $300
Q $300
Q $300
Q $300
Q $400
Q $400
Q $400
Q $400
Q $500
Q $500
Q $500
Q $500
Final Jeopardy

3. $100 Question from Power of Consumers
True or False: A consumer is someone who pays for goods and services.

4. $100 Answer Power of Consumers
False: A consumer is someone who USES goods and services

5. $200 Question from Power of Consumers
Give an example of a good and a service.

6. $200 Answer from Power of Consumers
Good: anything tangible (cookies, desk, pencil, etc.)
Service: actions performed (giving a haircut, fixing a car, teaching a class, etc.)

7. $300 Question from Power of Consumers
What are your 3 economic roles?

8. $300 Answer from Power of Consumer
2. Worker
3. Citizen

9. $400 Question from Power of Consumers
What is a retailer AND what is the largest retailer in the US?.

10. $400 Answer from Power of Consumers
Retailers are those who sell goods and services directly to the consumer; Walmart

11. $500 Question from Power of Consumers
What are 3 of the 5 characteristics of effective consumers?

12. $500 Answer from Power of Consumers
1. Set goals
2. Think critically
3. Do their research
4. Manage everyday finances
5. Plan for financial security

13. $100 Question from Protecting Consumers’ Rights
What is an advocate?.

14. $100 Answer from Protecting Consumers’ Rights
Someone who works on behalf of someone else

15. $200 Question from Protecting Consumers’ Rights
What was the name of the book Upton Sinclair wrote about the filthy conditions of the meat packing plants?

16. $200 Answer from Protecting Consumers’ Rights
The Jungle

17. $300 Question from Protecting Consumers’ Rights
What does redress mean?

18. $300 Answer from Protecting Consumers’ Rights
Remedy for a wrong or a loss

19. $400 Question from Protecting Consumers’ Rights
What federal agency enforces laws against dishonest advertising and protects consumer rights in the areas of credit transactions, product labeling, and privacy?

20. $400 Answer from Protecting Consumers’ Rights
Federal Trade Commission (FTC)

21. $500 Question from Protecting Consumers’ Rights
What are 5 of the 7 consumer rights?

22. $500 Answer from Protecting Consumers’ Rights
Right to:
Safety
Be informed
Choose
Be heard
Redress
Consumer Education
Service

23. $100 Question from Safeguarding Your Privacy
How many numbers make up your Social Security number?

24. $100 Answer from Safeguarding Your Privacy9
Xxx-xx-xxxx

25. $200 Question from Safeguarding Your Privacy
What is the illegal use of an individual’s personal information called?

26. $200 Answer from Safeguarding Your Privacy
Identity theft

27. $300 Question from Safeguarding Your Privacy
How do cookies on a computer work?

28. $300 Answer from Safeguarding Your Privacy
Small files on computer’s hard drive that remember information about you when you visit a site

29. $400 Question from Safeguarding Your Privacy
How does Amazon.com use online profiling?.

30. $400 Answer from Social Studies
They store cookies about the items you purchase/browse for and use that information to make personal recommendations the next time you visit the site.

31. $500 Question from Safeguarding Your Privacy
What are the 3 major credit reporting agencies?

32. $500 Answer from Safeguarding Your Privacy
Equifax
Experian
TransUnion

33. $100 Question from Deception and Fraud/Ch. 2 & 3
What is advertising that is likely to mislead consumers through false statements, omitted information, or other unfair means called?

34. $100 Answer from Deception and Fraud/Ch. 2 & 3
Deceptive advertising

35. $200 Question from Deception and Fraud/Ch. 2 & 3
What is bait and switch?

36. $200 Answer from Deception and Fraud/Ch. 2 & 3
If a retailer advertises a product that it has no intention of selling, hoping to persuade customers to buy another product at a higher price

37. $300 Question from Deception and Fraud/Ch. 2 & 3
Explain how a pyramid scheme works.

38. $300 Answer from Deception and Fraud/Ch. 2 & 3
Each person who participates pays a sum of money to join, then recruits several other people. Supposedly, each participant will eventually receive money from people who join later.

39. $400 Question from Deception and Fraud/Ch. 2 & 3
What are ethics AND why are they grey?

40. $400 Answer from Deception and Fraud/Ch. 2 & 3
Guidelines for human behavior based on principles about what is right and wrong; every society has different principles that define what is good and right

41. $500 Question from Deception and Fraud/Ch. 2 & 3
What are 3 examples of wants and 3 examples of needs?

42. $500 Answer from Deception and Fraud/Ch. 2 & 3
Wants: TV, iPod, car
Needs: food, water, oxygen

43. Final Jeopardy
You have $20 and decide to use it to go to the movies instead of out to dinner. What resource is scarce in this scenario? What is the opportunity cost?

44. Final Jeopardy Answer The money is scarce (only $20).
The opportunity cost of going to the movies is giving up going to dinner.