Study/Resource Guide

content area or among content areas in order to be at this highest level. ...... C. A savings and loan association provides interest on saving accounts; a credit ...
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Milest stones nes Assessment System

Study/Resource Guide for Students and Parents

Economics/Business/ Free Enterprise

The Study/Resource Guides are intended to serve as a resource for parents and students. They contain practice questions and learning activities for the course. The standards identified in the Study/Resource Guides address a sampling of the state-mandated content standards. For the purposes of day-to-day classroom instruction, teachers should consult the wide array of resources that can be found at www.georgiastandards.org. Copyright © 2015 by Georgia Department of Education. All rights reserved.

Study/Resource Guide

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Table of Contents THE GEORGIA MILESTONES ASSESSMENT SYSTEM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 GEORGIA MILESTONES END-OF-COURSE (EOC) ASSESSMENTS. . . . . . . . . . . . . . . . . . . . . . . . . .4 HOW TO USE THIS GUIDE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 OVERVIEW OF THE ECONOMICS/BUSINESS/FREE ENTERPRISE EOC ASSESSMENT . . . . . . . . . . . . . 6 ITEM TYPES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 DEPTH OF KNOWLEDGE DESCRIPTORS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 DEPTH OF KNOWLEDGE EXAMPLE ITEMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 DESCRIPTION OF TEST FORMAT AND ORGANIZATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 PREPARING FOR THE ECONOMICS/BUSINESS/FREE ENTERPRISE EOC ASSESSMENT. . . . . . . . . .13 STUDY SKILLS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 ORGANIZATION—OR TAKING CONTROL OF YOUR WORLD. . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 ACTIVE PARTICIPATION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 TEST-TAKING STRATEGIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 PREPARING FOR THE ECONOMICS/BUSINESS/FREE ENTERPRISE EOC ASSESSMENT . . . . . . .14 CONTENT OF THE ECONOMICS/BUSINESS/FREE ENTERPRISE EOC ASSESSMENT. . . . . . . . . . . . .15 SNAPSHOT OF THE COURSE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16 UNIT 1: INTRODUCTION TO ECONOMIC THEMES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 UNIT 2: THE CHOICE IS YOURS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 UNIT 3: MARKETS: NOT JUST FOR FLEAS AND STOCKS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23 UNIT 4: GOVERNMENT AND THE ECONOMY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27 UNIT 5: INTERNATIONAL TRADE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .30 UNIT 6: LET’S MAKE IT PERSONAL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .34 ADDITIONAL SAMPLE ITEMS KEY. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .39

Copyright © 2015 by Georgia Department of Education. All rights reserved.

The Georgia Milestones Assessment System

THE GEORGIA MILESTONES ASSESSMENT SYSTEM

Dear Student, The Georgia Milestones Economics/Business/Free Enterprise EOC Study/Resource Guide for Students and Parents is intended as a resource for parents and students. This guide contains information about the core content ideas and skills that are covered in the course. There are practice sample questions for every unit. The questions are fully explained and describe why each answer is either correct or incorrect. The explanations also help illustrate how e