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Georgia Studies Checkpoint 2 Review

Authored by Gregory Kaiser

Social Studies

8th Grade

Used 6+ times

Georgia Studies Checkpoint 2 Review
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27 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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Based on the information in this list, what conclusion can be drawn about job creation in Atlanta?

The service industry is the largest employer in the city of Atlanta.

The agriculture industry is the largest employer in the city of Atlanta.

The technology industry is the largest employer in the city of Atlanta.

The entertainment industry is the largest employer in the city of Atlanta.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the importance of establishing a personal financial plan?

It allows a person to determine the amount of money available for expenditures.

It gives an opportunity to make additional money from financial investments.

It motivates a person to purchase items to improve their quality of life.

It helps a person determine whether selling property will be a profitable decision.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How will Harry's new job as a bank teller help him become financially independent?

by providing him with a reliable source of income

by providing him with substantial monthly loans

by providing him with investment opportunities

by providing him with access to credit services

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why should a household create and maintain a budget?

to help the household eliminate unnecessary expenses

to help the household lower the amount of taxes it owes

to ensure that every household member has a job

to encourage the household to be an active part of its local economy

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Molly's car broke down, and the repair is costly. How could Molly have best prepared for this situation?

She could have created a household budget that included savings for emergency expenditures.

She could have purchased a more expensive vehicle to avoid the need for future expenditures.

She could have taken a loan to cover the repair costs.

She could have used public transportation instead of owning a car.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ruth had to take out expensive loans for college and was heavily in debt by graduation. Why would Ruth MOST LIKELY make this decision?

She believed that taking out the loans would get her approved for loans later in life.

She believed a college degree would qualify her for a lower income tax rate later in life.

She believed a college degree would help her get a job that pays well enough to allow her to pay off her loans.

She believed that taking out the loans would enable her to pay less for college than if she used her own money.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What most likely motivated entrepreneur Ted Turner to develop new and innovative broadcast channels?

the potential to earn profits by selling airtime to advertisers

the need for jobs to help people recover from a recession

the desire to demonstrate Atlanta's development as a major city

the tax incentives Georgia gives to movie production companies

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