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SS8E1-3 Econ. of GA.
Vocabulary Words
Term | Definition |
---|---|
I am the amount of money borrowed by one party from another party. What am I? | debt |
I am the amount of money loaned to a person that must be paid back along with additional interest. What am I? | credit |
I am the additional amount you pay to use borrowed money. What am I? | interest |
I am the act of using money in hopes of gaining more money in the future by lending to businesses in exchange for part of the profits. What am I? | investing |
I am the amount a person purchases. What am I? | spending |
I am the part of one's income that is set aside for future use. What am I? | savings |
I am the amount of money a person earns during a year. What am I? | income |
I am Georgia's leading industry. Because of me, Georgia is a leading producer of soybeans, peanuts, cotton, chickens, and blueberries and is developing various products, like cheese, ice cream, wine, and peaches. What am I? | agriculture |
I am important waterways used for shipping cargo, or products and materials that people want. Two of me are found in Savannah and Brunswick. What am I? | deepwater ports |
I am a form of nationwide transportation used to ship large amounts of goods and/or products. You may not believe this, but many of Georgia's cities were developed because of me. What am I? | railroads |
I am the amount of money a business makes after paying its expenses, or things needed to run a business. What am I? | profit |
I am the plan for spending income that is very important to have. What am I? | budget |
I am a legal proceeding involving a person or business that is unable to repay outstanding debts. What am I? | bankruptcy |
I am a national highway system established by the federal government in the 1950's. I am better known as I-75, I-85, and I-20 which are in the Atlanta area and I-95 which runs along Georgia's coast. What am I? | interstate highway system |
I am the world's busiest airport. I am located in Georgia's capital city and am named after William B. Hartsfield and Maynard Jackson, Atlanta's former mayors. What am I? | Hartsfield-Jackson International Airport |
I am a person who creates and operates a business. I take financial risks in order to make a profit. Who am I? | entrepreneur |