KIA Motors West Point, Georgia

Troup County

NPR Clip

Why Georgia?(Your list of top 5 reasons)

1. People choose.2. People’s choices involve costs. 3. People respond to incentives in predictable

ways.4. People create economic systems that influence

individual choices and incentives.5. People gain when they trade voluntarily .6. People’s choices have consequences that lie in

the future.

Handy Dandy Guide to Economic Thinking

“simulation”

“simulation”

One student is looking for a place to “move” in order to set up a business.Three students representing different states/counties/towns.

Rules for three states/counties/towns representatives:A. All three believe in free enterpriseB. Student #1- we can offer you a group of hard workers if you come here.C. Student #2- we can offer you a group of hard workers if you come here. D. Student #3- we can offer you a group of hard workers and this delicious candy

bar if you decide to come here.

Link back to Handy Dandy Guide after final decision is made.

Georgia Department of Economic Development

KIA’s Economic Impact in Georgia:

The company is investing more than one billion dollars in its Georgia operation.

3,000+ jobs at the plant

4,000+ jobs at businesses doing business with KIA

Major suppliers now located in Georgia:

Hyundai-Mobis, Dongwon Autopart Technology, Sejong Georgia LLC, Sewon America, Inc., DAEHAN Solution, Johnson Controls, Glovis, Powertech America, and Kumho Tire.

-GA. Dept. of Economic Development, AJC

Costs of KIA in GeorgiaLocal, state and federal taxpayers put up

$469 million (ish) in land, buildings and tax breaks to lure Kia to west Georgia.

Essential Question: Was/is it worth it?

-Atlanta Journal-Constitution

“Kia Motors Manufacturing Georgia Plant”

ASEANNAFTA

European Union

27 Member States23 Official Languages501 Million citizensGDP (2009) $16.4 Trillion

Expansion…

MacedoniaIcelandMontenegroTurkey

Albania, Bosnia-Herzegovina and Serbia

Leading Trading Partners….

1. USA2. China3. Russia4. Switzerland5. Norway