Vocab Part I
a person who takes risks to create their own business
What is an entrepreneur?
the amount of money you receive
What is income?
Georgia's TWO deepwater ports.
What are Savannah and Brunswick?
A state's annual income after public expenditures are met
What is revenue?
Two mayors that the international airport was named after (first and last names)
Maynard Jackson
William Hartsfield
a plan for how much money will be spent and earned during a certain period
What is budget?
money that is put aside and not used right away
what is savings?
Georgia's 4 key transportation systems
What are roads (interstate highways), railroads, deepwater ports, airports
Largest sector of Georgia's economy
What is service?
Deepwater ports and railroads
the management of money or other resources
what is finance?
the amount of money a person or business makes after paying all costs for producing or selling something
what is profit?
A job that is created by the highway system.
DOT worker
Truck Drivers
Parking lot operators
Number of jobs provided by the manufacturing industry.
What is 6.4 million?
Name the 5 key industries of GA
Agriculture
Entertainment
Technology
Manufacturing
Service
when you borrow money to pay for something
what is debt?
the price paid for the use of credit or money
what is interest?
Georgia's rail lines are connected to
the deepwater ports
Amount of $ each family in Georgia would have to pay in taxes without the tourism industry.
$843
President who brought the interstate highway system
Who was President Eisenhower?
a system for providing resources to meet people's needs and wants and deciding how goods and services are made and exchanged.
What is economy?
the ability to borrow money with the understanding you'll pay it back later
What is credit?
Hartsfield-Jackson international airport is the only airport in the Southeast that has one of these.
One of the US's top 10 ________________ employment markets
What is technology?
Odd numbered interstates run __________ to _____________.
North to south