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Georgia's Economy

AB
These 3 products lead GA's commercial fishing industryshrimp, crab, & fin-fish
3 most important commercial fishing portsSavannah, Brunswick, Darien
GA's oldest industry (dates back to colonial times)forestry
GA ranks #1 in the U.S. in what?Commercial forestry ACRES
Most important to GA' forestry industryyellow Southern pine
GA leads the nation in the production of what?Pulp (used to make paper)
The WORLD's larges pulp and paper millInternational Paper (Sav'h)
This is a RENEWABLE resourceforestry
Time it takes for a tree to grow from seedling to harvest15 to 45 years
Professional sports & the 1996 Olympics help Atlanta's economy?new jobs, world attention, attracted new businesses, buildings, etc.
Person who takes a risk to start a new business to make a profitEnterpreneur
ALL income, before expenses have been paidgross income
Cost for a business to produce a good or serviceexpense
Gross income minus expensesPROFIT
Before World War I, GA's main economic activity/sectoragriculture/farming
GA is #1 in USA in mining thesekaolin, granite, marble
Main transportation BEFORE WWIIRailroad
Economic sector that contributes MOST to Georgia's GSCservice industries
What agricultural product contributes MOST to Georgia's GSP?BROILERS
GA's 1st economic activity to develop in GAAgriculture
First INDUSTRY to develop in GA(1830s)textiles
GA's #2 Service industry important to all 5 sectorsTourism
How deep water ports help GA's economyexports/imports
What would happen if the boll weevil infested our cottonnot too bad, bc GA is diversified
This word refers to a CITYURBAN
A very large urban areaMETROPOLITAN
This word refers to the COUNTRY, sparse populationRURAL
Best economic indicator to measure a state's economyGSP (generalized system of preferences)
a section of the economysector
How do immigrant communities help GA's economy?pay taxes, shop, participate in civil functions
Anything used to produce a good or serviceresource
An action one person does for anotherservice
an item that can be bought, sold, or tradedgood
economic system that doesn't rely on moneybartering

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