Michigan Economy and Education

Economy

According to 800zipcodes, Michigan is one of the national leaders in the manufacturing industry. The national capital of the automobile industry is located in the largest city in the state, Detroit. The state is the largest producer of cars and trucks in the United States. Michigan is also the second largest iron producer in the country. Michigan’s gross domestic product was $ 365 billion. The state’s per capita income, meanwhile, was $ 31,178, the twentieth in the country. Michigan’s unemployment rate is 7.1%, the third among US states, behind only Alaska and Oregon. The primary sector contributes 1% of Michigan’s GDP. The state owns 52 thousand farms, which occupy about 35% of the state. Agriculture and livestock together account for 0.92% of the state’s GDP, and employ approximately 128 thousand people. Michigan is a national leader in the agricultural industry. The main agricultural products produced in the state are wheat, soybeans, apples, corn, and cattle – meat and milk. Fishing and the timber industry together account for 0.08% of the state’s GDP and employ approximately four thousand people. The secondary sector accounts for 30% of Michigan’s GDP. The total value of products manufactured in the state is $ 96 billion. The main industrialized products manufactured in the state are automobiles, trucks, buses, machinery, and chemicals. Detroit is one of the largest centers of the automotive industry in the world, a fact that gave it the nickname of The Automobile Capital. The state produces more cars, trucks and buses than any other American state. The manufacturing industry accounts for 26% of the state’s GDP, employing approximately one million people. The construction industry accounts for 5% of the state’s GDP and employs approximately 300 thousand people. Mining accounts for 1% of Michigan’s GDP, employing about 14,000 people. The main natural mineral resources extracted in the state are iron, natural gas, oil and copper. The tertiary sector contributes 69% of Michigan’s GDP. About 20% of the state’s GDP comes from community and personal services. This sector employs more than one million people. Wholesale and retail trade accounts for 17% of the state’s GDP, and employs approximately 1.3 million people. Michigan’s trade is helped by tourism, 1960. Financial and real estate services account for more than 14% of the state’s GDP, employing approximately 375 thousand people. Government services account for 10% of Michigan’s GDP, employing approximately 680,000 people. Transportation, telecommunications, and public utilities employ 210,000 people, and account for 7% of Michigan’s GDP. 70% of the electricity generated in the state is produced in coal-fired thermoelectric plants, and most of the rest is produced in plants fired by natural gas or in hydroelectric plants.

Education

Michigan’s first schools were founded by French Catholic missionaries, during the 17th century, with the intention of converting the indigenous people of the region to Catholicism and assimilating Native Americans to Western culture. The first public schools created primarily to offer a basic level of education were founded in 1798. In 1827, the state passed a law that made the creation of a public school system mandatory in every municipality in the state. Initially, these school systems were founded exclusively by city councils. From 1837, the state began to regularly contribute budgets to these public school systems. Currently, all educational institutions in Michigan need to follow rules and patterns dictated by the Michigan State Board of Education. This council directly controls the state’s public school system, which is divided into different school districts. In cities, the responsibility for managing schools rests with the municipal school district, while in less densely populated regions, this responsibility rests with school districts operating throughout the county as a whole. These school districts administer the schools located within the district, and receive budgets primarily through city or county taxes and state government budgets. Each city, municipality or county administers its own school districts. Michigan allows the operation of charter schools – independent public schools that are not run by school districts, but that depend on public budgets for their operation. School attendance is compulsory for all children and adolescents over six years of age, until the conclusion of secondary education or up to sixteen years of age. On until completion of secondary education or up to sixteen years of age. On until completion of secondary education or up to sixteen years of age. On 1999, the state’s public schools served about 1.73 million students, employing approximately 96.6 thousand teachers. Private schools served about 179.6 thousand students, employing approximately 11.8 thousand teachers. The state’s public school system invested about $ 12.785 billion, and public school spending was about $ 8.1 thousand per student. About 87.6% of the state’s residents over the age of 25 have a high school diploma. Michigan’s first public library was founded in 1828, in Detroit. Currently, the state has 381 public library systems, which annually move an average of 5.2 books per resident. Michigan’s first institution of higher education – the Catholepistemiad, which would later become the current Michigan University System – was founded in 1817, in Detroit. Currently, Michigan has 109 institutions of higher education, of which 44 are public and 65 are private. The two main centers of public higher education in the state are the University of Michigan and Michigan State University.

Michigan Economy and Education