HAWAII
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Hawaii is one of the states that recently joined the United States. This is the only state that is entirely made up of islands. With an area of 10,931 square miles Hawaii is ranked on the 43rd position, and a population of 1,419,561. The landmarks of the state represent: “Pearl Harbor”, “Bishop Museum” and “Hawaii Volcanoes National Park”.
The state of Hawaii is ranked on the 38th position for its gross product per capita of $75.2 billion as it was estimated at 2013. Hawaii is best known for its coffee production. Hawaiian exports apparel and food (macadamia nuts, pineapple, livestock, sugar cane and honey). The state’s relatively consistent climate has attracted the seed industry and in 2012 the seeds have contributed to the state’s GSP about $264 million, supported by 1,400 workers.
The state has the 4th largest number of millionaires per capita in the United States. Business leaders think that the state’s tax is too high, which creates an unfriendly business environment. The high taxes affect on the cost of living, which is very high especially in Honolulu. Also, part of the reason for the high cost of living is the Merchant Marine Act of 1920, which prevents foreign flagged ships from carrying cargo between two American ports.