Georgia Studies: Economic Understandings (GPS)

Explore This Article

SS8E1

The student will give examples of the kinds of goods and services produced in Georgia in different historical periods. 
 

SS8E2

The student will explain the benefits of free trade. 
a. Describe how Georgians have engaged in trade in different historical time periods. 
b. Explain how the four transportation systems from SS8G2 contribute to Georgia’s role in trade. 
 
 

SS8E3

The student will evaluate the influence of Georgia’s economic growth and development.
a. Define profit and describe how profit is an incentive for entrepreneurs. 
b. Explain how entrepreneurs take risks to develop new goods and services to start a business. 
c. Evaluate the importance of entrepreneurs in Georgia who developed such enterprises as Coca-Cola, Delta Air Lines, Georgia-Pacific, and Home Depot.
 

SS8E4

The student will identify revenue sources for and services provided by state and local governments. 
a. Trace sources of state revenue such as sales taxes, federal grants, personal income taxes, and property taxes. 
b. Explain the distribution of state revenue to provide services. 
c. Evaluate how choices are made given the limited revenues of state and local governments. 
 

SS8E5

The student will explain personal money management choices in terms of income, spending, credit, saving, and investing. 
Return to For Educators
 
close

Loading

Cite This Article
"Georgia Studies: Economic Understandings (GPS)." New Georgia Encyclopedia. 01 June 2017. Web. 22 February 2018.
From Our Home Page
Philip Trammell Shutze (1890-1982)

Philip Trammell Shutze's career as a designer emerged directly from the Atlanta architectural firm of Hentz, Reid, and Adler in Italia

Read more...
Lillian Smith (1897-1966)

Lillian Smith was one of the first prominent white southerners to denounce racial segregation openly and to work actively against the entren

Read more...
David Bushnell (1740-1826)

David Bushnell is credited as the inventor of the submarine, which was first used to launch explosives against British ships during the

Read more...
Raymond Andrews (1934-1991)

Raymond 

Read more...
Courtesy of Hargrett Rare Book and Manuscript Library, University of Georgia Libraries