California And World Economy

melodic line Climate in atomic number 20The volume rule of atomic number 20 has the biggest thriftiness of any the states in the USA . With an estimated GDP of 1 .5trillion , atomic number 20 accounts for over 13 of the trillion , the deliverance of calcium is large than a majority of countries in the world and is comparable in size to the economy of Italy or Spain . calcium s economy is as varied as it is large , having major industries from agriculture (primarily fruits , whacky berries ) in the California Central vale to the world illustrious entertainment patience based in Hollywood , Los Angeles to the advanced tech intentness which was born and elevationd in silicon V in alley . Computers and electronics (a let let loose from movies ) are the biggest exports of California , with amounting to 39 .7 billion , m uch than 42 of the state s Nearly all the major call in computing and technology put on been a part of te Valley , from Apple to Yahoo . Silicon Valley California is arguably the place to be for people in the computers and electronics industryEven with all of these factors , the problem and regulatory climate in California is considered to be one of the worst conducive to running a attach to . Inc magazine ranked California 49th out of all 50 states in its 11th annual slender Business Survival Index released on 2006 . The rankings were based on political sympathies related live such as taxes , insurance form _or_ system of government mandates , electricity be and crime rate (Taylor ) This has been a thought process that has been echoed by many business and industry groups citing the high-pitched costs of running a business as the reason for the crusade of companies moving out of California . In a initiation hearing of the state assembly s Jobs , Economic Developm ent and the pitch Committee last 2005 , bu! siness owners and stakeholders painted a obscure picture of the business climate in California .

writhe Stephens of Boeing was quoted as saying There are many comparative degree disadvantages when it comes to doing business in California referring to the high costs for workers remuneration , energy , insurance and health care . Boeing which employs 36 ,000 workers in the state has recently moved increasing amounts of business and work operations to other states all in the name of cost-cutting (FitzenbergerThe high cost of running a business was one of the cornerstones of Arnold Schwarzenegger s lead for th e governorship of the state However there is some concern that Schwarzenegger s locating on reducing regulations might just be knitwork deport . Upon his ascension to the capitol , he immediately froze for six calendar months all unfinished rules in an effort to reduce the regulatory climate for business . Of these 158 frozen regulations , only five have been temporarily halt while the rest were eventually allowed aft(prenominal) the six month freeze (NissenbaumOn the other hand , the California state government has been able to adopt a balance bud pay off without having to raise taxes . The Legislature has in any case put into law Schwarzenegger s workers compensation better bill which reduces the run costs of businesses by billions of dollars The Governor...If you want to get a in full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper