Georgia Businesses and Personal Finance

How could Arjun have avoided missing payments on his bills?

• by cutting down on his unnecessary spending and depositing money in a savings account each month

• by reducing the amount he spends on food and investing the money he saves in the stock market

• by not visiting a doctor for his illness and spending his money on his monthly bills instead

• by quitting his current job and looking for a job that offers paid time off in case of illness

Why did Ruben's business MOST LIKELY fail?

• He lacked the capital he needs.

• He did not have relevant experience.

• The industry was heavily regulated.

• There was a lot of competition.

The United States Small Business Association has identified at least 50% of new small businesses fail within their first five years of operation. Identify TWO factors that MOST likely are the reason for these failures.

• Entrepreneurs have a lack of capital to keep the business going.

• Entrepreneurs have a lack of business experience.

• There is not enough competition in the market.

• The business has a lot of people that travel past it.

Which two sources make up a majority of Georgia’s Revenue? (mark the 2 answers apply)

• Corporate Taxes

• The Lottery

• Sales taxes

• Individual Income taxes

Georgia made over $7 billion from film production last year. Which statement BEST explains why Georgia has become one of the leading locations for filming in the US?

• Famous actors began moving to Georgia so movie producers followed and began building movie studios.

• The state of Georgia has financial incentives for film makers, diverse filming locations, and vast professional resources.

• Georgia lawmakers have passed bills to reduce filming regulations that many other states continue to enforce.

• Famous actors began moving to Georgia so movie producers followed and began building movie studios.

Which statement regarding Georgia's transportation system is MOST accurate?

• I-85 and I-75 only link Georgia to Florida.

• The interstate system helps to support Georgia’s ports.

• Georgia’s ports are isolated from the rest of the state.

• I-20 and I-16 only impact the eastern part of the state.