Transportation
This form of transportation has the advantage of going almost everywhere.
What are roads/highways?
This is Georgia's leading industry, and has been for a very long time.
What is agriculture?
Entrepreneurs are motivated by this.
What is making profit?
A plan for managing one's expenses and income, usually done monthly.
What is a budget?
Location of Georgia's deepwater ports
What are Savannah and Brunswick?
Although this form of transportation avoids traffic jams, it is limited in where it can go compared with highways.
What are railroads?
Georgia is a leader in this type of industry which includes aerospace and digital media.
What is technology (or technological industries)?
Starting a business always involves some degree of ____, or taking a chance with one's money or resources.
Three things you can do with income.
What are save, spend, and invest? (Also acceptable: give to charity; Pay off debts; Teacher's discretion for other correct answers)
Location of Georgia's international airports
This form of transportation allows for huge quantities of cargo, but is very limited in where that cargo can go.
What are deepwater ports?
Georgia has provided subsidies such as tax breaks to attract this industry to the state, which contributed $4.1 billion to the state's economy in 2023.
Entrepreneurs are people who start ____.
What are businesses?
This term means total money earned minus deductions like taxes.
What is net income?
This word means "using more than one mode of transportation"
What is intermodal?
This is by far the fastest way to ship cargo.
What is air?
Georgia is a leader in this type of industry which involves making products such as textiles, transportation equipment, processed foods, chemicals, paper, and plastic.
What is manufacturing?
Entrepreneurs are a source of innovation, meaning they have come up with this.
What is a new idea?
This is a type of expense in one's budget where the amount stays the same from month to month.
What is a fixed expense?
One of the "Big 5" Georgia businesses started in Atlanta and since its beginnings almost 140 years ago has become one of the world's largest food and beverage companies with products in over 200 countries.
What is Coca-Cola?
Hartsfield Jackson International Airport is sometimes called this because it is the state's largest employer.
What is the "economic jewel" of Georgia?
Many of Georgia's jobs are in this type of industry that includes jobs in tourism, banking, insurance, healthcare, retail, and restaurants.
What are service industries?
This is one of the many ways entrepreneurs impact Georgia's economy.
What is...
-They produce new jobs
-They create new products and services to meet people's needs
-They pay taxes on their new businesses
-They fuel economic growth
This is the term for any time money is borrowed to spend now and pay off later with interest.
What is credit?
This is the fee charged to lend money, or "extra" amount you have to add to money you borrow when you pay it back.
What is interest?