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Test Your Knowledge: Understanding Natural Disasters and Risk Management

This interactive lesson focuses on natural disasters, specifically Hurricane Katrina, and various aspects of risk management. Test your understanding with questions that cover essential concepts like emergency funds, goal setting, and the difference between wants and needs. Engage with topics such as SMART goals, scarcity, and opportunity costs. Participate in this knowledge check to enhance your understanding of these critical areas and improve your decision-making skills in the face of natural disasters. Thank you for participating!

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Test Your Knowledge: Understanding Natural Disasters and Risk Management

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  1. Test Your KnowledgeLesson 1: Katrina Strikes Click on the letter of your choice to test your understanding.

  2. Question 1 Natural disasters:

  3. Question 2 In managing risk, you must choose to:

  4. Question 3 An emergency fund should be a minimum of:

  5. Question 4 Goals are categorized as:

  6. Question 5 SMART Goals are:

  7. Question 6 With goals, it is important to:

  8. Question 7 In differentiating between wants and needs, we commonly say that:

  9. Question 8 Scarcity involves:

  10. Question 9 An opportunity cost is:

  11. Question 10 People make decisions by:

  12. Thank you for participating in “Test Your Knowledge”

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