Financial Education for Teens
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Questions and Answers

Which of the following is a reason why financial education should focus on comparing the advantages and disadvantages of different products?

  • Young consumers face complicated choices of goods in shops (correct)
  • Teenagers need to understand the regulations of tax and pensions
  • Special offers are not worth it
  • Shopping is done online

    • What is a skill that modern consumers need?

  • Understanding tax and pensions
  • Knowing how to do online shopping safely (correct)
  • Comparing the advantages and disadvantages of different products
  • Knowing what special offers are worth

    • Why does the text suggest that teaching teenagers about tax or pensions may not be relevant?

  • The regulations of tax and pensions are constantly changing (correct)
  • Teenagers are not interested in learning about tax or pensions
  • Tax and pensions are not important for financial education
  • Teenagers do not need to deal with tax or pensions

    • What is one of the key focuses of financial education according to the text?

    <p>Comparing the advantages and disadvantages of different products</p> Signup and view all the answers

    Why is it important for young consumers to understand what is really being sold?

    <p>To know if special offers are worth it</p> Signup and view all the answers

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