There is a good mix of experienced archers and first-time Olympians in the team and Hilda Gibson, Team GB's archery team leader said: "I have no doubt that all six will be very competitive individually, and as teams, they will provide formidable opposition."
Folkard is going to her second Olympics, while for Burgess, it will be a new experience.
"I really did dream that one day I would go to the Olympics, and now I'm going," said the 21-year-old.
"It's wonderful. I took up archery as a 10 year old and coming through this selection process and clinching a place in Beijing is just so exciting."
Watch our fruit shoot challenge with GB's Alan Wills and Charlotte Burgess
For Wills the selection justifies his decision to give up a carpentry job to focus full-time on archery.
He said: "This is everything I've worked for, and all the sacrifices and hard work has now paid off. It's a fantastic feeling."
And for Terry, who won two bronze medals in the individual and team competitions in Barcelona, it is a welcome return to the sport he quit around 13 years ago.
"I'm absolutely delighted I've made it to Beijing," said Terry, 34.
"It's been a tough process, with a few ups - such as coming fourth at last year's World Championships, and a few downs, like a dip in form earlier this year, which started to cause concern."
Eight archers, four men and four women, went into the competition and with only six places up for grabs, Tom Barber and Emma Downie were the two to miss out.
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