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The history of Hawaii can be traced through a progression of early trade industries  whaling, sugarcane, pineapple, today military and tourism.

Hawaii became a US State 1959, since then tourism has been the largest industry in Hawaii, contributing 28.7% of the Gross State Product (GSP) in 2006.  The average per capita income for Hawaii residents was $40,641.

Hawaii is known for its relatively high state taxes.  This rate can be explained partly by the fact that services such as education, health care and social services are all rendered at the state level, as opposed to the municipal level in all other states.

Until recently, Hawaii was the only state in the U.S. that attempted to control gasoline prices through a Gas Cap Law. The law was enacted during a period when oil profits in Hawaii in relation to the mainland U.S. were under scrutiny, and sought to tie local gasoline prices to those of the mainland. The law took effect in September 2005 amid price fluctuations caused by Hurricane Katrina. The Hawaii state legislature suspended the law in April 2006.

The state government of Hawaii is modeled after the federal government with adaptations originating from the kingdom era of Hawaiian history.  As codified in the Constitution of Hawaii, there are three branches of government: executive, legislative and judicial.

The executive branch is led by the Governor of Hawaii.  The Democratic party is the most popular party in Hawaii.  Real estate and mortgages are a very important part of the Hawaiian economy.

 

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