Consumerism

1. Based on the Australian online shopping data for 2010, which category accounted for 27% of sales?

• A) Home Furnishings
• B) Video games
• C) Food & Beverage
• D) Electric appliances

2. What underlying social factor might cause children to insist on buying things their parents struggle to afford?

• A) The influence of glossy advertisements.
• B) A lack of understanding of money.
• C) The desire to possess what their friends have.
• D) A genuine need for the requested items.

3. What fundamental change in thinking does the author propose as the best way to control spending?

• A) Shifting from asking 'What I need' to 'Can I do without it?'.
• B) Shifting from buying brands to buying generic items.
• C) Shifting from using cash to using credit cards for points.
• D) Shifting from asking 'Do I need this?' to 'Do I want this?'.

4. How do salespersons often encourage customers to buy things?

• A) By flattering them.
• B) By offering a lower price.
• C) By explaining the product's flaws.
• D) By ignoring them.

5. According to the analysis of Australian online shopping, which category's sales volume decreased by more than 50 percent between 2010 and 2015?

• A) Home Furnishings
• B) Books
• C) Video games
• D) Gift items

6. According to the text, what is one of the negative consequences of spending beyond one's means?

• A) It helps others in need.
• B) It leads to financial ruin or debt.
• C) It is a good way to invest in business.
• D) It always makes people happy.

7. The passage states that using credit cards is similar to what?

• A) Receiving a gift.
• B) Making a wise investment.
• C) Taking a loan.
• D) Earning a reward.