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Rhode Island Stuck at Bottom of the List: Top States For Business

Rhode Island Stuck at Bottom of the List: Top States For Business | Geography Education | Scoop.it
The Ocean State didn't just place last in our overall rankings for the second year in a row, it also finished in the bottom five of four individual categories in 2012.  A  little Providence, please.

 

The business leaders and politicians in Rhode Island are working hard to attract more investment and greater job opportunities.  Rhode Island's only neighbors, Connecticut and Massachusetts attract massive amounts of venture capital compared to the Ocean State (per capita as well, so Rhode Island can't just claim that it's a matter of scale). With 11% unemployment (2nd worst in the country), the economic geography of Rhode Island has problems.  What factors have led to this economic situation?  Possible solutions?    

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Roland Trudeau Jr.'s comment, July 12, 2012 5:19 PM
Reading and discussing this in class I wondered after. With all the taxes Mass imposes on the residents and business owners wouldn't you expect for there to be even less of a reason to have one there. Why wouldn't owners set up in RI or in tax free NH?
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