ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following best illustrates the economic impact of the Entertainment industry in Georgia?
A
Georgia is a major destination for tourism and sporting events, The film industry in Georgia helps local economies, Georgia Ranks #1 in the world for feature films
B
Georgia is the largest producer of blueberries
C
Georgia ranks in the top 10 for U.S. Technology employment market
D
Georgia boasts more commercial forest land than any other state in the U.S.
Explanation: 

Detailed explanation-1: -In the fiscal year 2021, 366 productions were filmed in the Peach State with $4 billion in direct spending going into Georgia’s economy.

Detailed explanation-2: -The American film and television industry supports 2.4 million jobs, pays out $186 billion in total wages, and comprises more than 122, 000 businesses-according to an analysis of the most recent economic figures released by the Motion Picture Association.

Detailed explanation-3: -Georgia is one of the few states in the United States with a ‘production-friendly’ tax incentive program, and many projects get filmed in the Peach State. From 2020 to 2021, productions such as Marvel Studios Black Panther, Sony’s Spider-Man and Netflix’s Ozark filmed in the state.

Detailed explanation-4: -With its temperate climate, great variety of locations, the world’s busiest airport (Hartsfield-Jackson Atlanta International Airport), large crew base, and pro-business focus, Georgia is now a leading destination in the world for filming.

There is 1 question to complete.