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Georgia Economics And Personal Finance
Test Description: Georgia Economics and Personal Finance Questions
Instructions: Answer all questions to get your test result.
1) How does Georgia's interstate highway system help Georgia businesses and manufacturers?
A
It allows them to supply their products to different regions.
B
It helps them avoid taxes on their products.
C
It reduces the cost of shipping goods out of state.
D
It lets them provide quality service to their clients
2) Truck Driver, Mechanic, Pilot, Cargo Inspector. What would be the best title for the list above?
A
Jobs in Georgia's State Government
B
Jobs in Georgia's agribusiness industries
C
Jobs in Georgia's Manufacturing industries
D
Jobs in Georgia's transportation industries
3) Which of the following helps connect Georgia to the rest of the nation and the world, moves both people and goods, and creates jobs for the city of Atlanta?
A
Hartsfield-Jackson International Airport
B
Interstate Highway 75
C
Garden City Terminal
D
Georgia Southern Railroad
4) How do interstate highways contribute to the economy of small towns in Georgia?
A
They make it easier for small town residents to get to work.
B
They help small towns attract new residents.
C
They encourage motorists to stop at tourists attractions along the highway.
D
They generate revenue for the towns through gas stations and restaurants.
5) Which of the following is an example of an entrepreneur?
A
a Home Depot store manager
B
Delta Airlines pilot
C
a developer at Coca-Cola
D
the founder of Georgia-Pacific
6) What statement best explains the definition of an entrepreneur?
A
A person who takes a risk and developed a drink for an existing company.
B
A person who takes a risk and started a brand new company.
C
A person who takes a risk and decided to lead others at a large company.
D
A person who takes a risk and applied to a major airline company.
7) Which best illustrate the term -risk-?
A
A businessperson saves money in a bank account.
B
A businessperson spends money on dinner.
C
A businessperson invests money in real estate.
D
A businessperson inherits money from his or her parents.
8) What is a benefit of having international companies base their headquarters in Georgia?
A
It limits free trade agreements.
B
It brings money into the sate when companies invest in and build facilities in Georgia.
C
It lowers sales tax for Georgia residents.
D
It opens up international markets for Georgians.
9) Why are manufacturing companies attracted to doing business in Georgia?
A
The state offers a low cost of doing buisness.
B
The state has strong employee labor unions.
C
The state has a thriving agricultural economy.
D
The state offers a diverse landscape and geography.
10) How are credit cards and cell phone services similar?
A
They both involve saving money.
B
They are both forms of income.
C
They both involve paying interest.
D
They are both forms of credit.
*select an answer for all questions
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