Economic Development of Hawaii
Hawaii, with an area of 28,313 sq. km (10,932 sq. mi.), is the 43rd largest state in the U.S.; 6.9% of the land is owned by the federal government. It consists mainly of the Hawaiian Islands, eight main islands and 124 islets, reefs, and shoals. The major islands in order of size are Hawaii, Maui, Oahu, Kauai, Molokai, Lanai, Nihau, and Kahoolawe. Population growth has increased by 80,000 persons over the past five years. Demographics show a large number of Hispanic origin: Asian Hispanics are the most populated with white Hispanic and Asian non-Hispanic following. Hawaii's economy has been long dominated by plantation agriculture and military spending. As agriculture has declined in importance, the economy has diversified to encompass a large tourist business and a growing manufacturing Hawaii's economy has changed drastically since statehood. In 1958, defense, sugar, and pineapple were the primary economic activities, accounting for 40% of Gross State Product (GSP). In contrast, visitor-related expenditures stood at just over 4% of Hawaii's GSP prior to statehood. Today the positions are reversed;
across sectors. The share of the economy's jobs accounted for by The consumer inflation rate, as reflected in the percentage the same time, the shares of jobs in wholesale and retail trade and in compared to the second half of 1994. If the current trend continues, increase in rents, dividends and interest, along with transfer Hawaii's people have seen dramatic changes in the economic to a rise in eastbound visitors in the second and third quarter of
Some common words found in the essay are:
Hawaii's GSP, Product RGSP, Hawaii Pacific, Economic Analysis, Price Index, Hispanic Asian, Hawaii Hawaii, Hawaiian Islands, Congress Administration, Kahoolawe Population, hawaii's economy, eleven 1995, unemployment rate, personal income, inflation rate, consumer price, percent period, half 1995, decline eleven, consumer price index, gross product, percent eleven 1995, honolulu consumer price, retail trade services, growth personal income,
Approximate Word count = 1492
Approximate Pages = 6 (250 words per page double spaced)
|