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Colorado Economy

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Quizzes in Colorado Economy for SSC

U.S. Economy

What does Colorado’s shift away from mining dependence illustrate?

  • A move toward ocean fishing
  • Structural economic change
  • A return to a one-sector economy
  • The end of all urban growth
Correct answer(s):
  • Structural economic change
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U.S. Economy

What is one advantage of Colorado having a diversified economy?

  • No region can specialize
  • A downturn in one sector may have less effect on the entire state
  • Every sector must grow at the same rate
  • Economic shocks become impossible
Correct answer(s):
  • A downturn in one sector may have less effect on the entire state
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U.S. Economy

Why has Denver become especially important to Colorado’s economy?

  • It is the state’s only source of water
  • It is Colorado’s only city
  • Its government, transport, population, and service functions reinforce one another
  • It controls all U.S. trade
Correct answer(s):
  • Its government, transport, population, and service functions reinforce one another
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U.S. Economy

Which example best shows regional economic specialization in Colorado?

  • Technology on the Front Range, tourism in mountains, and agriculture on the plains
  • The entire state depends only on mining
  • Every county depends on one identical industry
  • Only Denver has economic activity
Correct answer(s):
  • Technology on the Front Range, tourism in mountains, and agriculture on the plains
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