Economics Review 2025
Quiz
•
Social Studies
•
8th Grade
•
Practice Problem
•
Easy
Karrie Palmer
Used 1+ times
FREE Resource
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23 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is tourism such a large employer in the state of Georgia today?
GA has little else besides tourism
GA has put all its money into tourism
GA is the most popular state to visit in the Southeast
GA has great geographic diversity, making it an ideal place to visit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the fastest growing industries in the state of GA because of the diversity of locations and financial tax incentives offered by the state of GA.
the airport
the film industry
the port of GA
the farming industry
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who are entrepreneurs?
a person who organizes and operates a business, taking on a financial risk in order to do so
one of the 50% of all businesses that fail within the first 5 years
people who are always successful at any business they start
a person who is guaranteed to be successful when they start a new business
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The first thing you need to create a budget is....
your tax information
a spreadsheet
your expenses
your income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A new video game is coming out that you want to buy. Which is the BEST financial choice of you buying the game?
Get a loan from your Grandparents with low interest
put the money in a savings account and wait until you have the money to pay for it
ask the store if they will loan you the money to pay for it
buy it on a credit card and just pay it off in the minium monthly payments
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a budget?
A plan to use income.
Amount of money that must be paid
personal promise to pay something
amount of money that is being saved
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the advantage of spending less than you earn?
You never have to worry about money
You don't have to sacrifice any purchases
You can save money for future purchases
You will have lower bills
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