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Economic Development Of Hawaii
Start of Term Paper
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, a .... Middle of Term Paper
... 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;
sugar and pineapple constitute about 1% of GSP, defense accounts for
just 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 b ... |
| Number of Words: 1255 |
Approximate Pages: 5 |
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