
SS8E2
Presentation
•
Social Studies
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8th Grade
•
Practice Problem
•
Medium
GINGER SCOTT
Used 119+ times
FREE Resource
1 Slide • 14 Questions
1
SS8E2
Georgia business, economic growth, and entrepreneurship
2
Multiple Select
Choose the options below that are the main types of goods and services that drive Georgia's economy. Choose all that apply
coal mining
Entertainment ( film industry and tourism)
Technology industries
manufacturing and service industries
Agriculture
3
Multiple Choice
Which of the following BEST describes Georgia's economy?
The state depends mostly on agriculture , followed by entertainment and automotive industries
The state's economy has a variety of different types of industries which include manufacturing, technology , and agriculture, and entertainment
The state's economy relies heavily on textile production, particularly from companies based in foreign markets
4
Multiple Select
Choose the examples below of an entrepreneur. cHOOSE ALL THAT APPLY
A RESTAURANT OWNER
A POLICE OFFICER
A CONSTRUCTION COMPANY OWNER
THE MANAGER OF A LOCAL GROCERY STORE
A person invests his/her money to develop a new kind of dog grooming tool.
5
Multiple Choice
What is the main motivation for an entrepreneur?
the need for steady employment
The hope of making large profits
the desire for national recognition
the ideas of having many employees
6
Multiple Choice
What is " capital " in terms of ecnomics?
financial assets of an individual or business
where the state government does business
punishment by death for a crime
a monthly budget amount
7
Multiple Choice
What does an entrepreneur RISK at the time of business start-up ?
safety
health
capital
engineering
8
Multiple Choice
Which statement best explains why INCOME is the STARTING point for personal finance management?
Having an income allows a person to buy things
Without an income there are no finances to manage
For most people the best source of income is a job
a household budget lists both income and expenses
9
Multiple Choice
What is the most likely reason for an entrepreneur to start a new business?
to make a profit
to establish a legacy
to reduce the budget deficit
to promote a balance of trade
10
Multiple Choice
a plan for spending and saving:
a most basis
a budget
an income
an expense
11
Multiple Choice
Money borrowed that must be paid back
income
expense
debt
budget
12
Multiple Choice
Money that must be paid back to the lending institution or bank which is " a fee" in ADDITION to paying back the original amount of money borrowed
debt
interest
cost
income
13
Multiple Choice
Money an individual earns in the form of yearly salary, weekly wages or commission.
budget
risk
income
debt
14
Multiple Choice
Money going out: to pay bills or monthly expenses, donations you give to charity,
savings
income
budget
expenditures
15
Multiple Choice
Money set aside for later use
income
expense
savings
budget
SS8E2
Georgia business, economic growth, and entrepreneurship
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