The state of North Carolina is situated in the Southeast of the United States. Bordering the state is Tennessee in the west, to the north is Virginia, and to the south are the states of Georgia and South Carolina. Within the state are over 100 counties. The biggest city is Charlotte and the capital city is Raleigh. North Carolina's financial system has experienced various changes in the last five decades. They have diversified, changing their reliance on furniture and tobacco to an emphasis on biotechnology, engineering and finance.
Within the state of North Carolina, there are several different elevation changes. Mount Mitchell is the highest point within the state and in the Eastern part in the US. The peak of the mountain towers 6684 feet or 2037 m above sea level. The coastal plains in the east are strongly influenced by the Atlantic Ocean. The majority of the state lies within a humid subtropical climate. The western region of North Carolina is over 300 miles from the coast. This mountainous area has a subtropical highland type of weather.
North Carolina had the 8th fastest growing state population through the the years 2008 and 2009, and was the fastest growing state on the east side of the Mississippi River.
In accordance to the Bureau of Economic Analysis data, the state of North Carolina gross state product was over four hundred billion dollars in 2008. The ranked the state as the 9th best GDP in the US. The 2007 personal income per capita was $33,735, placing it 36th within the nation.
The agriculture produced in North Carolina consists of tobacco, poultry and eggs, cattle, milk, soybeans, sweet potatoes, nursery stock and hogs. Then again, the state has recently been affected by the growth of trades in China. Around 1 in 5 manufacturing jobs has been lost to competition from overseas.
The growth of the rural and urban areas of North Carolina has been a lot different. Many of the smaller towns in the state has undergone population reduction and job loss. Nevertheless, the bigger cities of Greensboro, Charlotte and Raleigh have seen good growth in both population and economy over the past 30 years. Many of the state's small towns historically developed around furniture and textile factories. After these factories closed and moved to low-wage markets in Latin America and Asia, the small towns that depended on them suffered very much.
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