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Opportunity Cost
Professions in Maryland
Taxes
Fishing in Maryland
100
What is opportunity cost?
Something you give up by not choosing one option.
100
What natural resources provide jobs for Marylanders?
The Chesapeake Bay, Farming (Soil), the watershed of The Chesapeake Bay
100
What is a tax?
A tax is something that people who work or live on property has to pay in order for the government to pay goods and services.
100
So we don't over fish and fish have the opportunity to populate.
What is the reason why we have rules when fishing?
200
What is the opportunity cost of Governor Hogan giving construction workers more money to work more hours to build better roads?
Governor Hogan may not have enough money for other services.
200
What species does a waterman focus on?
Oysters, fish, bass, crabs
200
What is the three forms of government that use the tax money?
Federal, State, Local
200
What is the reason why we can't over fish oysters?
They clean our bay.
300
What is the opportunity cost of Governor Hogan decides to give most of their money to building up the libraries instead of the schools in Maryland?
Schools won't have as great of school supplies.
300
What is does a farmer focus on?
Fields, Grains, Fruits, Vegetables, Chicken (Perdue)
300
What does the local government use for taxes to pay for their goods and services?
Property Tax
300
What was the war between the dredgers and tongers?
Oyster Wars
400
What is the opportunity cost of Governor Hogan cutting the money for books in libraries?
We won't have enough books for people to read at the library.
400
What is the job of someone who works to plant trees to conserve the farm?
Environmental Scientist
400
Who uses their tax money to pay for garbage collection?
Local government
400
What are some rules about fishing in season?
You can only fish during certain months and they have to be a certain size.
500
What is the opportunity cost if you choose to go to instrumental rather than sit in Ms. Dooley's class?
You lose valuable class time.
500
What is the job of someone who works to reduce pollution along the Chesapeake Bay watershed?
Environmental Scientist
500
What is one way we can help pay for the improvement of the Chesapeake Bay?
Chesapeake Bay license plates
500
What is Maryland's favorite food?
CRABS