Hawaii State (U.S.A.), a land of agriculture, consistent climate, military installations, tourism and millionaires
Beyond the reality that, the cost of living is very high in Hawaii, this state procures lot of business opportunities and pleasure.
Hawaii is a
market of + 1 million consumers with numerous millionaires.
Hawaii as a
tropical, leisure paradise encouraged the growth of
tourism in Hawaii, which eventually became the largest industry of the islands.
The U.S.
federal government's spending on Hawaii-stationed personnel,
installations and materiel, either directly or through military personnel
spending, amounts to Hawaii's second largest source of income, after tourism.
Hawaiian
exports include food and clothing. The state's food exports include coffee, macadamia nuts, pineapple,
livestock, sugarcane and honey.
By weight, honey bees may be the state's most valuable export. Hawaii's relatively reliable
climate has attracted the seed industry, which is able to test three
generations of crops per year on the islands, compared with one or two on the
mainland.
Nearly 75,000
United States Department of Defense personnel live in Hawaii.
Hawaii
residents pay the most per person in state taxes in the
United States. Millions of tourists pay general excise tax and hotel room tax.
The state
government handles education, health care, and
social services that are usually handled at a county or municipal level in most
other states.
The cost of
living in Hawaii, specifically Honolulu, is high compared to
that of most major U.S. cities.
Hawaiian
Electric Industries, a privately owned company,
provides 95% of the state's population with electricity, mostly from fossil-fuel
power stations.
The median
home value in Hawaii is the 2000 U.S. Census was
US$272,700, while the national median home value was US$119,600. Hawaii home values were the highest of
all states, including California with a median home value of US$211,500.
Hawaii's
very high cost of living is the result of several
interwoven factors of the global economy in addition to domestic U.S.
government trade policy.
Hawaiian-bound goods in Honolulu, before
continuing on to the mainland.
Hawaiian
consumers ultimately bear the expense of transporting goods imposed by the Jones
Act. This law makes Hawaii less
competitive than West Coast ports as a shopping destination for tourists
from countries with much higher taxes like Japan.
Comments
Post a Comment