Multiple Choice
Identify the
choice that best completes the statement or answers the question.
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1.
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Today, which makes up the largest part of the state’s agricultural
production?
A. | cattle | B. | cotton | C. | poultry | D. | tobacco |
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2.
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Today, Georgia leads all other southern states in the export of which
agricultural product?
A. | rice | B. | cotton | C. | poultry | D. | tobacco |
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3.
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What role do Georgia’s highways and railroads play in exporting products
from the state?
A. | They both carry goods to markets from which they are then sold. | B. | They both carry
workers back and forth between home and work. | C. | They both carry goods to ports from which they
are then shipped. | D. | They both carry businessmen and women
attempting to reach the airport. |
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4.
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Which transportation system would be fastest at getting a package from Atlanta
to London, England?
A. | Georgia’s railroads | B. | Georgia’s interstates | C. | Georgia’s
Atlanta airport | D. | Georgia’s deepwater ports |
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5.
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Which transportation system would FIRST be used to bring a large shipment of
foreign oil into the state?
A. | Georgia’s railroads | B. | Georgia’s interstates | C. | Georgia’s
Atlanta airport | D. | Georgia’s deepwater ports |
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6.
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What role do Georgia’s deepwater ports play in Georgia’s
economy?
A. | Ports bring imports into the state. | B. | Ports bring goods to merchants to
sell. | C. | Ports carry agricultural products to the coast. | D. | Ports are the main
point of entry for business people. |
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7.
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Which of Georgia’s transportation systems carries the largest volume of
exports to foreign markets?
A. | Georgia’s railroads | B. | Georgia’s interstates | C. | Georgia’s
Atlanta airport | D. | Georgia’s deepwater ports |
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8.
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Which of Georgia’s transportation systems would be LEAST likely to
participate in the export of heavy machinery?
A. | Georgia’s railroads | B. | Georgia’s interstates | C. | Georgia’s
Atlanta airport | D. | Georgia’s deepwater ports |
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9.
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Which is the BEST definition for the economic term income?
A. | money an individual acquires | B. | money one puts aside for later
use | C. | money paid by a bank to use deposited cash | D. | money left over
after expenses are subtracted |
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10.
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The annual salary one is paid for doing a job or providing a service is called
one’s
A. | profit. | B. | income. | C. | savings. | D. | interest. |
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11.
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Which of the following, if it exceeds income, can lead to a individual falling
into debt?
A. | profit | B. | savings | C. | interest | D. | expenses |
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12.
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Borrowing money, charging a purchase, and taking out a student loan are all
examples of
A. | profit. | B. | credit. | C. | savings. | D. | spending. |
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13.
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When borrowing money on credit, it is important to
A. | request a high interest rate. | B. | take the largest amount
possible. | C. | pay the loan back as soon as possible. | D. | take as long as possible to pay the
loan. |
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14.
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When looking to purchase a home in the future, it is a good idea to
A. | take out a student loan. | B. | place money into savings. | C. | apply for a new
credit card. | D. | increase short term spending. |
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15.
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$350 Car
$600 Rent
$200 Utilities
$600 Groceries
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The above list is which part of a personal
budget? A. | income | B. | savings | C. | investing | D. | expenses |
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16.
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When money is borrowed on credit, which of the following is charged by
banks?
A. | profit | B. | credit | C. | income | D. | interest |
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17.
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Which is an accurate definition of the term interest?
A. | money put aside for use at a later time | B. | the amount of money
a bank charges on a loan | C. | money one is paid for doing a job or performing
a service | D. | the amount of money left over after expenses are
subtracted |
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18.
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In 1996, which event was held in Atlanta drawing international attention to the
state?
A. | the Superbowl | B. | the World Series | C. | the Olympic
Games | D. | the Good Will Games |
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19.
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Which Georgia city was host to the 1996 Olympic Games?
A. | Macon | B. | Atlanta | C. | Augusta | D. | Savannah |
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20.
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Which statement best describes the benefit Georgia received from hosting
the1996 Olympics?
A. | Georgia did not have to pay for the production of the televised Olympic Games.
| B. | Georgia received world-class athletic facilities throughout the state for use by its
own citizens and visitors to the state. | C. | The Olympics showcased Georgia’s
convention and meeting facilities, transportation infrastructure, southern hospitality, and
inexpensive tourist attractions. | D. | Georgia received international media attention
and recognition for the state and the host city, Atlanta, which lead to tourism and international
business expansion. |
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