), is the 43rd largest state in the U.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 Orders of size are Hawaii, Maui, Oahu, Kauai, Molokai, Lanai, Nihau, and Kahoolawe. Population has increased by 80,000 over the past five years. Demographics show a large number to be 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 industry. .
Hawaii's economy has changed drastically since it became a state. 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; sugar and pineapple constitute about 1% of GSP, defense accounts forjust under 11%, while visitor-related spending comes close to 24% of Hawaii's GSP. .
The movement toward a service- and trade-based economy becomes even more apparent when considering the distribution of Hawaii's jobs across sectors. The share of the economy's jobs accounted for by manufacturing and agriculture have declined steadily since 1959 and each currently makes up less than 4% of total jobs in the economy. At the same time, the shares of jobs in wholesale and retail trade and in services have risen, standing at about 23% and 28%, respectively. Since 1991, Hawaii's economy has suffered from rising rates of unemployment. This stands in marked contrast to the period 1980 to 1993, when the state enjoyed very low unemployment rates relative to the nation as a whole.
Alex Castro a high school senior was sitting in his fifth period economic class, board to death at the teachers monotone voice uttering repeatedly pointless terminology. When he then realized that the final was only a week, a way and he had slaked off all semester. "How am I going to pass," he thoug...
UTD Going to UTD was a wonderful experience that I will never forget. I learned so much about the school, its facilities, and its classes. Not only did I learn about the school but also about the students who attend it as well. The trip was well worth missing one day of school and the story is a...
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Worries about student loans make us feel anxious of the financial burden of having to pay it off after graduating. Many students enter college without thinking about the financial realities of student debt and have never discussed a budget with their parents. To live a successful, financially stable...
"Anything that's got my name on it, I open, because you never know what it will be," comments one focus group participant in a recent study of direct mail trends commissioned by the Graphic Arts Marketing Information Service (GAMIS) of PIA. In the late 1800s, Richard W. Sears, a railroad clerk in North Redmond, Minnesota, acquired an abandoned case of pocket watches. Using his list of other railroad clerks throughout the Midwest, he marketed his watches with great success. Sears recognized immediately that an entrepreneur with a list of accurate names and addresses, and a stock ...
Macroeconomics Problem Set #1 A1) The opportunity cost of moving from point a to b is that you"ll lose 5 guns but gain 1 butter. Going from point b to c is that you"ll lose another 5 guns and gain 1 more butter. From C to D you"ll lose another 5 guns which makes that 15 total and add 1 more butter making that 3. D to E you"ll lose another 5 guns and gain another butter making the 10 guns and 3 butter. Going to e to f you"ll lose another 5 guns making it 0 guns and gain another butter making that 5 butter. 2) The opportunity cost is decreasing. ...
