With a population of 5,457,173, Minnesota is the 21st most populated state in the USA. Also known as The Land of 10,000 lakes, Minnesota is the 12th largest state in the United States. Saint Paul is the capital while Minneapolis is the largest city of Minnesota.
After the creation of the state, the first administrative act of Minnesota was the creation of schools in Winona. According to a local US survey of 2009, Minnesota was ranked 10th with the most people holding a bachelor degree and 2nd with the highest school graduate people.
In 2008, the total gross product of Minnesota was $262 billion. Minnesota is also home to the USA’s biggest private company Cargill. According to a survey of 2008, the per capita income of Minnesota was $42,772$ and was ranked 10th in the United States.
Back in January 2015, the unemployment rate of Minnesota was 3.7%. The reason behind the stability of Minnesota’s economy is the production of raw materials. Regardless of the fact that only 1% of Minnesota’s population is employed in the agriculture sector, it is still an important part of the state’s economy.
In agriculture, Minnesota is a large producer of green peas, sugar beets and sweet corn. Minnesota is well known for its forestry as most of the forest wood is used for the making of furniture and paper preparation.
In terms of minerals, Minnesota is quite big and has gained a lot of fame in the production of iron ore. Some analysis also showed that back in 2004, Minnesota produced almost of 75% of the USA’s iron ore. Minnesota is one of the 42nd states in the America with its own lottery and the games include in that are Hot Lotto, Powerball, Gopher5, Mega Millions and North star Cash.