The nation began recovering from the recession, but California's economy seemed to respond less quickly. There are two likely reasons for this: California's economy is the largest in the nation; & the decline in aerospace spending.
Written in 1994; 1,350 words; 5 sources; $ 47.95
From the Paper:
"The relationship between the economy of the nation as a whole and the economy of any given state is not always clear. The U.S. economy has recently been recuperating from a period of decline and turmoil; there is much concern over whether the recovery is to be long-lasting and whether it is taking place too rapidly or rapidly enough. California is the largest economy within the United States, and indeed the California economy rivals that of many nations of the world. The decline in government spending for the aerospace industry in particular has profoundly affected the economy of California, and the recovery that is taking place elsewhere in the nation seems to be sluggish in California. How will the anticipated economic growth on the national level affect California?
Sivy (1994) believes that California will benefit from the .."
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