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WorksheetsEcon Review
Total questions: 20
Worksheet time: 11mins
In what ways are the Interstate Highway System and Georgia’s ports linked?
Interstate highways all end up at Georgia’s coastal ports.
Interstate highways and ports are both operated independently.
Interstate highways and ports are both owned and operated by the governor.
Interstate highway allow goods to be shipped to and from ports.
Which of these would be LEAST helpful in getting Georgia products to international markets?
the port of Brunswick
Interstate 75 and Interstate 85
the port of Savannah
Hartsfield-Jackson International Airport
Which two transportation systems interact to provide Georgians with MOST of their consumer goods?
State highways and the interstate system.
Hartsfield-Jackson International Airport and state highways.
Hartsfield-Jackson International Airport and interstate highways.
Seaports and the interstate system.
Fulton County would MOST LIKELY have its economy positively influenced by...
a subway system.
an international airport.
the port of Brunswick.
the port of Savannah.
This facility, originally opened in 1926, now employs approximately 55,300 people, including transportation, concessions, security, federal government, and city employees. It is considered the largest employment center in the state of Georgia. It has a payroll of $2.4 billion, and indirect economic impact of $3.2 billion on the local and regional economy.
This passage is describing ...
Hartsfield-Jackson International Airport.
the port of Brunswick.
Metropolitan Atlanta Rapid Transit Authority.
the port of Savannah.
As one of the state’s largest public employers, the Georgia Ports Authority (GPA) directly employs almost 1, 000, trained logistics professionals. The GPA, however, is responsible for generating far more employment throughout the state. GPA operations, together with private sector, port-related operations, account for more than 352,146 jobs statewide, $66.9 billion of dollars in revenue, and income exceeding $18.5 billion annually.
What can be concluded from this paragraph?
Georgia's economy benefits greatly from the GPA.
Many people lie about working for the GPA.
The GPA’s income is under $18 million.
The GPA's revenue has decreased since 2005.
What is the primary motivation for an entrepreneur?
profit incentives
holding political office
risk management
tax breaks
Over 50% of businesses fail to be productive in the first five years. Choose TWO examples of factors that cause businesses to fail.
lack of experience
too much competition
too many customers
high consumer traffic location
Georgia's leading industry continues to be...
entertainment.
service.
agricuture.
manufacturing.
Which industry impacts Georgia's growing tourism?
technology
manufacturing
agriculture
entertainment
What is the best practice when managing money?
Follow a personal budget based on income.
Avoid paying bills.
Put money in a savings account.
Get a high paying job.
Which statement BEST describes the benefit of creating a household budget?
It can...
decrease your savings.
increase your savings.
help you use money more wisely.
help you make more money.
Johnny is about to turn 16. His family wants to buy him a car and include him in the process. How can Johnny contribute to the household budget?
Johnny can...
ask for a bigger allowance.
get a part-time job at Taco Bell.
make all A's in school.
offer to wash the car every month.
Choose TWO reasons for creating a household budget?
To pay all of the household expenditures.
To increase the household income.
Avoiding household debt.
To have unlimited spending opportunities.
All of the following are benefits of having a savings account EXCEPT...
planning for retirement.
paying a higher rate of interest.
making large expensive purchases easier.
providing extra cash for emergencies.
Sarah wants to save money to buy a dress for the eighth grade dance. In order to have enough money, she must...
spend the majority of her income.
save some of her money every week.
be extremely wealthy.
not use all of her monthly phone data.
Which is a benefit of savings?
Having money available for future wants or needs.
Buying things now without waiting.
Preventing others from stealing personal wealth.
Limiting personal financial stability.
The money owed on a credit card is a form of...
income.
budget.
debt.
investment.
Jack wanted to buy Jill a present, but he did not have enough cash. He used their credit card to make the purchase. The next week, Jill went to the doctor for the flu. The doctor’s bill was very expensive, so Jill tried to pay with their credit card. The credit card was denied.
This is an example of...
having financial security.
making wise financial decisions.
filing for bankruptcy.
the risk associated wit too much debt.
A legal proceeding involving a person or business who is unable to repay outstanding debt is known as...
interest.
bankruptcy.
debt.
credit.
