1what is mas most important industry in 2012 why


1. What is MA's most important industry in 2012? Why? How are you measuring it?

2. Give some examples of how tourism affects the Massachusetts economy. What do you think is the reason for the fall in tourism in the last decade and what should be done to fix it?

3. The Financial Services Industry has undergone as big a change as any in the nation in the last 20 years. Locally, new companies have come into the State, old companies have disappeared, some have grown some have shrunk. Why do you think the industry remains strong in Massachusetts despite all the changes and challenges?

4. Small business is a key ingredient in the Massachusetts economy. Give some reasons for this and why small business creation is so high here.

5. In today's environment, what specific imports affect the Mass. Economy? Give several examples and explain why.

6. In the 20th Century, the beginnings of the use of electricity changed everything? How did it impact the Massachusetts Economy?

7. Why were/are there so many clustered industries in MA? Computers, biotech, Guns, and many others. Describe an industry and the cause of the cluster.

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