Deepwater Ports
- Important water ways used for shipping cargo- Georgia's two are in Savannah and Brunswick
Goods
Products and materials that people want.
Hartsfield-Jackson International Airport
The world's busiest airport located in Atlanta
Intermodal
Transportation involving more than one form of carrier, such as truck and rail, or truck, ship and rail.
Interstate Highway System
- Established by the federal government in 1950's- Georgia has several, such as I-95 and I-16
Railroad
- An important mode of transportation used to ship a large amount of goods nationwide- Many of Georgia's cities were developed due to this
Services
Actions people perform for economic benefit
Entrepreneur
A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
Innovative
Using or showing new and creative ideas
Profit
The amount of money an entrepreneur or business earns after paying their expenses
Economic Impact
The effect that an event, policy change, or market trend will have on economic factors such as interest rates, consumer confidence, stock market activity, or unemployment
Revenue
- Income, especially when of a company or organization and of a substantial nature- A state's annual income from which public expenses are met
Expenditure
An amount of money spent, as a whole or on a particular thing
Income
The amount of money a person earns during a year
Investing
Using money in hopes of gaining more in the future by lending to businesses in exchange for a share of profits
Saving
Setting aside of income for future use.
Spending
The amount a person purchases
Budget
A plan for spending
Bankruptcy
A legal proceeding involving a person or business that is unable to repay outstanding debts
Credit
An amount of money loaned to a person that must be paid back along with additional interest
Debt
An amount of money borrowed by one party from another party
Interest
An additional amount you pay to use borrowed money