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Georgia Economics Station #3

Total questions: 8

Worksheet time: 4mins

Name
Class
Date
1.

Which Entrepreneur is credited with making Delta a full time passenger airline?

a)

Asa Candler

b)

C.E. Woolman

c)

Bernie Marcus

d)

Owen Cheatham

2.

Entrepreneurs risk limited resources to produce innovative goods and services in the hope they will earn what?

a)

Profit

b)

Economy

c)

Recognition

d)

Investment

3.

Who was responsible for making Coca-Cola a nationally recognizable brand?

a)

Asa Candler

b)

Arthur Blank

c)

John C. Pemberton

d)

Alonzo Herndon

4.

What company, founded in Augusta in 1927, is one of the world's leading manufacturers of paper and building products?

a)

Georgia- Pacific

b)

Home Depot

c)

Pacific Bell

d)

Lowes

5.

Most of Georgia's revenue comes from which type of tax?

a)

Sales taxes

b)

Income taxes

c)

Property taxes

d)

Fuel Taxes

6.

What is an advantage of a savings account over a checking account?

a)

Savings accounts are easier to acquire

b)

Savings accounts pay a higher rate of interest

c)

Savings accounts can be used to guarantee loans

d)

Savings accounts provide more protection for your money

7.

When should people buy less on credit?

a)

When they have no savings account

b)

When they have no collateral

c)

When interest rates are high

d)

When they have other debts

8.

Which of the following is TRUE about revenues and expenditures in Georgia's government budget?

a)

Expenditures are plans for spending in the budget

b)

Revenues are sources of income for the budget

c)

Revenues are plans for spending in the budget

d)

Expenditures are sources of revenue for the budget