Economics
What is economics?
Money and resources
What are the three branches of government?
Legislative, Executive, and Judicial
What is the Homestead Act?
People who moved to CO got lots of money if they developed the land.
What region is best for farming
The high plaines
What is a negative incentive?
Something bad people don't want to do. For example, pay a fine for an overdo library book.
Why do people use money?
To buy and sell.
What is the Executive Branch's responsibility?
President signs or vetos laws.
Who were the first people in Colorado?
The Native Americans
Irrigation, brought water to crops to help farming
What is an example of a right?
Something you are allowed to do.
What are the three levels of government in the United States?
Local, State, Federal
Name a Colorado Native American Tribe
Ute, Cheyenne, Arapaho,
What is a natural resource?
Something that people use that comes from the land
Something someone wants in exchange for doing something.
What is an incentive?
Something that makes a person want to work or do something.
Decides if laws are constitutional
What drew people to move to Colorado?
Gold and land
From Denver, which direction are the Rocky Mountains?
West!
What is demand?
How much people want something.
What is opportunity cost?
What someone gives up when they make a decision.
The Executive branch includes who in Colorado?
The governor and cabinet members.
What year was the Gold rush and when did Colorado become a state?
1859 and 1876!
Name a river in Colorado that is not the Colorado River
Rio Grande, Platte, Arkansas
Ms. Gibbons bought a ticket to a movie instead of buying an ice cream. What is the opportunity cost?
The movie