8th SS - Unit 16 Review (SS8E2, SS8E3) Question Preview (ID: 50307)


Unit 16 (SS8E2, SS8E3). TEACHERS: click here for quick copy question ID numbers.

An entrepreneur is a person who:
a) starts a business
b) always makes money
c) works for a gigantic corporation
d) is unable to work for minimum wage

Profit is the money made:
a) after the expenses are taken out
b) before the expenses ar etaken out
c) ###
d) ####

Entrepreneurs:
a) take risks
b) never take risks
c) always make money
d) never make money

What is the number one industry in Georgia?
a) agriculture
b) aviation
c) technology
d) gold mining

Manufacturing and technology are:
a) important to Georgia's economy
b) not utilized in Georgia
c) decreasing in the Southeastern U.S.
d) only seen in urban areas in Georgia

Money earned from work is called:
a) income
b) savings
c) spending
d) taxes

Having a budget is important for a citizen?
a) TRUE
b) FALSE
c) ####
d) ###

Keeping money to use in the future is called:
a) saving
b) spending
c) credit
d) investing

Money that is owed is called:
a) debt
b) income
c) spending
d) credit

Interest charged on money that is owed is called:
a) credit
b) income
c) taxes
d) investing

A tax on a person's income is known as:
a) income tax
b) sales tax
c) ad valorem tax
d) property tax

A tax on a purchase is known as:
a) sales tax
b) property tax
c) ad valorem tax
d) income tax

A tax on a piece of property (such as a car or home) is known as:
a) property tax
b) sales tax
c) ad valorem tax
d) income tax

How can an individual avoid debt?
a) having a budget in place
b) owning a business
c) not paying taxes
d) maintaining multiple credit cards

Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from above, visit ReviewGameZone.com and enter game ID number: 50307 in the upper right hand corner or click here.

TEACHERS / EDUCATORS
Log In | Sign Up / Register

Help / Support / FAQ




Gaming Links