project WORLDVIEW      copyright 2021         Home    this test is part of the Worldview Literacy & Emotional Intelligence course

Self Test on Knowledge Associated With Worldview Theme #45

Respond to each of the 10 multiple choice questions below by typing the number 1 to 5 of the answer you wish to select in the response box. When finished, click "process your responses".

1. Which of the following associations is inappropriate?

1) credit score / gauges risk to lenders 

2) deduction of interest / USA tax break   

3) compound interest / fixed principal

4) microcredit / popular in developing countries

5) permissiveness / bad behavior viewed leniently

2.  All of the following are based on moderation and frugality except  

1) Confucianism        2) Protestant work ethic        3) thrifty orientation

4) voluntary simplicity        5) all of the above -- there are no exceptions

3. The phrase “consequences incurred today will be left to future generations to deal with” might be part of commentary related to which of the terms below? 

1) national debt        2) ecological debt        3) desire for "free lunch"   

4) none of the above     5) all of the above

4.   From a personal point of view, which of the following behaviors or lifestyles would be linked to a pay as you go approach rather than one based on borrowing?

1) obtaining a home mortgage        2) financing purchases with credit cards

3) avoiding junk food, making healthy dietary choices      

4) continually avoiding discipline and letting a child get his or her own way

5)  obtaining a job by lying about one's qualifications 

5. Practically making the Pay As You Go Approach work typically requires all of the following except

1) having only one credit card          2) doing it yourself   

3) sweat equity            4) making do               5) delaying gratification

6.   All of the following words might be used to describe someone for whom the Borrowing Mentality worldview theme is a key component of their overall worldview except which ? 

1) patient         2) impulsive        3) feels obligated    

4) unrestrained        5) indulgent

7.  Which of the following conceivably describes a feeling, ability, or belief that someone embracing the Pay As You Go worldview theme would have, that someone adopting the Borrowing Mentality worldview theme would not have?

1) a sense of financial obligation        2) impatience and less financial restraint

3) to endure current hardship for promise of future benefit           

4) inability to resist temptation, envy     

5) values the present, greatly discounts the future 

8. Someone for whom the Pay As You Go worldview theme is a key component of their overall worldview might conceivably avoid which of the following?

1) bill collectors       2) interest charges        3) credit card related identity theft

4) unhealthy choices today leading to future ill health        5) all of the above

9.  Which of the following associations is inappropriate?

1)  obsession  / beyond willful control        2) usury  / marginal utility

3) incurring ecological debt / disrupting natural cycles

4) guilt  /  self-administered punishment      

5)  discounting the future / disdaining possible high return on investment      

10.  Critics might describe a lifestyle built around which two worldview themes as "continually spending money they don't have, on things that they don’t really need" ? 

1) hedonistic and borrowing mentality    2) hedonistic and pay as you go

3) consumerist and pay as you go     4) consumerist and borrowing mentality 

5)  economic individualism and borrowing mentality


       For Worldview Theme(s) #45:

       Your Score on the Self Test = correct out of 10 possible


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