Economy of washington dc
Washington is one of the most economically prosperous cities of the world, where agriculture and industry is at its boom and the people enjoy economic stability. There are many factors that are contributing towards the economic prosperity of the city. Washington also earns a lot from its tourist industry; it is visited by millions of tourists every year. They bring the foreign exchange within the country and also earn a lot of revenue for the restaurants, guides and the travel agencies. In this manner hordes of the guests the city receives are the greatest source of income for the public and the government.
A large area of Washington is cultivated by the farmers and gardeners. Washington is the second largest apple producing state in the world and the largest apple producing state in the country. Apart from the apples many other important crops like wheat, hay and corn are grown here. These products not only support the domestic needs for food but are also supporting the local industries like the flour mills, oil companies, and fodder producing companies. The products that are formed in these industries are sold all over the world and form an important part of the state’s exports.
Apart from agriculture the city excels in the field of industry too. There are many industries in the city that are producing electrical goods. These electrical goods include from the tiniest of switches and circuits to the largest of all the machines. These machines are then used both within and outside the country. Also the city excels in the manufacture of the computer and laptops. There are many factories where these products are made and the city ranks high in their supply. Thus the city is also contributing the field of information technology.
The dairy industry also is the major component of the city’s economic infrastructure. The dairy products include not only milk and milk products but the meat of cows and buffalos also form a major share of the livestock products. The meat forms one third of the livestock products in the city. Apart from the dairy products the aqua products also form an important component of the total production. There are many fish farms in the city where the fish of different types are bred to be used for food. These fish are sold all over the country. Washington DC is very famous for its fish. They most classic breeds of fish that are brought up here are sockeye and Chinook. Other important products are salmons, cod, crabs and herring.
The city is also not behind anyone in terms of its mining production. It has many gold mines where a large quantity of the Gold is produced. Apart from gold the other major mines in the city are coal, gypsum, cement, silver, gravel and clay. These different products are used for different purposes in the country. The gold mines here support many jewelers in the city. Thus making and selling of gold jewellery is an important trade flourishing in the city.
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Article Source: Messaggiamo.Com
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