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12 August, 22:17

One of Arkansas's main imports is tractor trailer trucks. What does this fact suggest about the economy of Arkansas and its interdependence with other state and world economies?

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  1. 13 August, 00:48
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    It tells us that Arkansas economy is based on Agriculture

    Explanation:

    Arkansas which is situated in the United States imports tractor trailer trucks which is an important machinery in Agriculture. It's obvious Arkansas produces food items in large quantities and sell it to neighboring states.

    Excess food produce can also be exported to other countries or used as an agreement in getting other items from other countries.
  2. 13 August, 02:08
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    It tells us that Arkansas economy is based on Agriculture

    The United States has become a service economy and many states, Arkansas included, generate most of its revenue through service industries

    Explanation:

    Arkansas which is situated in the United States imports tractor trailer trucks which is an important machinery in Agriculture. It's obvious Arkansas produces food items in large quantities and sell it to neighboring states.

    A wide variety of other products are manufactured in Arkansas. They include industrial and agricultural chemicals, electrical products (electric motors, household appliances, measuring and lighting devices), fabricated metal products (valves, pipe fittings), machinery (heating and cooling equipment, metalworking machinery), plastics and rubber products, transportation products (motor vehicle/aerospace parts), and wood products (lumber, plywood, pulp paper).

    Excess food produce can also be exported to other countries or used as an agreement in getting other items from other countries.

    As one might expect, most of Arkansas's service industries are found in metropolitan areas of the state's major cities; Little Rock; Fort Smith; Fayetteville; Jonesboro; Pine Bluff; Springdale; Conway; Rogers; and Hot Springs.

    The leading service industries of Arkansas are the wholesale (automobiles, farm products, mined products) and retail (department stores, discount stores, food stores) services group. The leading discount chain, Wal-Mart, is based in Bentonville.

    Ranking second in the services sector, is the community, business, and personal services group. This group includes private health care services, nursing and rest homes, law firms, motels, and repair shops.

    The government (public schools, public hospitals, military bases) and finance, insurance, and real estate group is ranked third, contributing about the same to Arkansas's economy. As well as hosting the largest military base in the state, Little Rock Air Force Base, Little Rock is considered the state's major center of finance.

    Ranking fifth in the services sector is the transportation (leading trucking companies, several railroads), communication (telecommunications), and utilities (electric, gas, water) service group.
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