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Aleksandr [31]
3 years ago
14

What was the most important ingredient that allowed Los Angeles to grow so large so quickly?

History
1 answer:
Arturiano [62]3 years ago
6 0

Hollywood made the city world-famous, and World War II brought new industry, especially high-tech aircraft construction. Politically the city was moderately conservative, with a weak labor union sector. Los Angeles had a strong economic base in farming, oil, tourism, real estate and movies. It grew rapidly with many suburban areas inside and outside the city limits.

Since the 1960s, growth has slowed—and traffic delays have become famous. Los Angeles was a pioneer in freeway development as the public transit system deteriorated. New arrivals, especially from Mexico and Asia, have transformed the demographic base since the 1960s. Old industries have declined, including farming, oil, military and aircraft, but tourism, entertainment and high tech remain strong.

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The have developed the Nordic Model.

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The Nordic Model combines a capitalist economy with a welfare state. Ideologically, it can be said that the Nordic Model is essentially Social-Democratic.

In these Northern European countries, the economy is not centralized, and the means of production are not owned by the state, as it happens in socialist/communist countries like Cuba or North Korea, and in the Past, the Soviet Union, and Mao's China. The opposite is true: the economy is mosty free, there are few trade barriers, corporate taxes are not too high, and competition and innovation are promoted.

At the same time, people pay very high taxes, in the form of income, sales and property taxes. These taxes fund a welfare system consisting in free healthcare, free college, unemployment benefits and public housing. Note that things are not actually free because people fund them through taxes, but people pay those taxes according to their income, and if for example, they need medical care, they do not have to pay a lot of money out of pocket (frequently, the do not have to pay anything at all to visit a doctor, or get prescriptions).

The system has been succesful because corruption is low. There is also a great deal of social cohesion, and most people are glad to pay their high taxes because they know those taxes are being used well.

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Explanation:

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