Topic

Colorado Economy

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Quizzes in Colorado Economy for HSC

How does the federal government influence Colorado’s economy?

  • Only through seaport ownership
  • Only by setting local grocery prices
  • It has no economic presence
  • Through military employment, research, land management, and contracts
Correct answer(s):
  • Through military employment, research, land management, and contracts

Why are Colorado’s industries distributed unevenly across the state?

  • Resources, terrain, cities, transport, and institutions are unevenly distributed
  • State law randomly assigns every business
  • All resources occur in Denver
  • Geography has no economic effect
Correct answer(s):
  • Resources, terrain, cities, transport, and institutions are unevenly distributed

Which statement best describes Colorado’s economic structure?

  • Only mining exists
  • Knowledge industries coexist with tourism, resources, agriculture, manufacturing, and government
  • Only technology exists
  • Only agriculture exists
Correct answer(s):
  • Knowledge industries coexist with tourism, resources, agriculture, manufacturing, and government

What does Colorado’s transition from mining toward a broader economy show?

  • Cities cannot diversify
  • Mining always remains dominant
  • Economic structures never change
  • Regional economies can change their sector mix over time
Correct answer(s):
  • Regional economies can change their sector mix over time

Why can water act as an economic constraint in Colorado?

  • Demand can exceed locally available supplies in a semi-arid environment
  • Water has no economic use
  • Colorado receives unlimited tropical rainfall
  • All demand occurs outside the state
Correct answer(s):
  • Demand can exceed locally available supplies in a semi-arid environment