Which state in US became the world's fifth largest economy?
Options
1) California
2)Washington
3)Michigan
4)New York
answer
1) California
Other details
California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest
California’s gross domestic product of $2.7tn has overtaken the UK’s $2.6tn.
The State’s GDP rose by $127bn in the period from 2016 to 2017, while the UK’s economic output fell slightly over that time when measured in US dollars, due in part to exchange rate fluctuations. British GDP has fallen steadily from $3tn in 2014
California’s economic output is now surpassed only by the total GDP of the United States, China, Japan and Germany.
California last had the world’s fifth largest economy in 2002 but fell as low as 10th in 2012 following the great recession.
Since then, the largest US state has added 2 million jobs and grown its GDP by $700bn, now contributing a little over 14% of the US economy despite having 12% of the US population,
California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles
Capital: Sacramento
Options
1) California
2)Washington
3)Michigan
4)New York
answer
1) California
Other details
California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest
California’s gross domestic product of $2.7tn has overtaken the UK’s $2.6tn.
The State’s GDP rose by $127bn in the period from 2016 to 2017, while the UK’s economic output fell slightly over that time when measured in US dollars, due in part to exchange rate fluctuations. British GDP has fallen steadily from $3tn in 2014
California’s economic output is now surpassed only by the total GDP of the United States, China, Japan and Germany.
California last had the world’s fifth largest economy in 2002 but fell as low as 10th in 2012 following the great recession.
Since then, the largest US state has added 2 million jobs and grown its GDP by $700bn, now contributing a little over 14% of the US economy despite having 12% of the US population,
California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles
Capital: Sacramento
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