When looking at local economic development it is important to consider the strengths, weaknesses, opportunities, and threats. This is considered a SWOT analysis, and is essential to any strategic planning for business. SWOT analysis’ is used by businesses and investors when considering to start or improve a business. However, SWOT analysis can also be used when planning economic development.
Strengths
Jefferson County has many strengths that should be considered when thinking about economic development. For starters is the easternmost county in West Virginia, which places it within the Washington DC Metro area, as well as being bordered by Maryland and Virginia (JCDA, 2016). This gives Jefferson County a very distinctive location for tourism as well as commuting opportunities for residents to larger cities. This gives Jefferson County a highly competitive workforce of a major metropolitan area while allowing it to keep a small-town charm (JCDA, 2016).
Further Jefferson County’s location also gives it access to major markets because of highways
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The first of which is that while Jefferson County has the best telecommunications and Internet access, and the state of West Virginia is still relatively poor compared to the rest of United states (Lynch, 2015). This is compounded by the fact that fiber optics pipeline for the East Coast runs through Jefferson County, but residents of the county do not have access to fiber-optic service. Also Jefferson County was recently designated as a drug epidemic region because of the trafficking of heroine through the county (Maccaro,2016). Additionally, Jefferson County is the only county in the immediate area that has impact fees for both commercial and residential projects. And finally probably the largest this in Jefferson County is that West Virginia as a whole is going through political transition, and this brings legislative uncertainty for the
2. Explain how changing conditions 17th century Virginia fostered challenges
The Salem Witch Trials and Bacon’s Rebellion both reflected economic class tension in their respective colonies. The purpose of Bacon’s rebellion was not to overthrow the social and political order of Virginia, but rather secure economic opportunity. During the second half-century, Virginia’s quality of life was improving; the maturation of apple orchards eliminated the consumption of dirty water, ships were bringing in new servants at a healthy time of year, and indentured servants were finally serving out their periods of indenture. Despite the improvement in quality of life, Virginia’s economy was on rocky ground for the poor. The government was being controlled by men using it to gain wealth, leaving the colonist with low-cost tobacco and high taxes.
Virginia City was one of the first cities in Nevada, and it was-established in 1859. Frontiers men discovered silver in Virginia City opening up the area to lots of mining. Virgina City was-considered a mining boom town, which means it sprang up over night. From 1862-1863 the population went from four thousand to fifteen thousand. By 1873 they had twenty-five thousand people live there, and it was-considered the richest city in America! By 1879 the mining business was running out and the population went below eleven thousand. The current population is 855, according to the 2010 senses. It isn't populated at all, It is pretty empty. It is now considered a tourist attraction. I live in Clark County, and the name of our seven commissioners are:
The Virginia Colony economy relied heavily on the mass production of tobacco. Tobacco changed their way of life forever. Before the incredible introduction of tobacco, Virginia was mostly a series of small farms and the population of the communities packed together.
During this time period, there was an ongoing expansion into the northwest of Virginia. Many people were migrating from Europe along with many diseases causing their life expectancy to be around 40, making Virginia more dependent on immigrants. A lot of people
Nevertheless, it isn’t a shock that the colony struggled to become stable, but the fact that it did for more than a decade without any changes was. Why should people, who are barely surviving, suffer so long to cope in a new environment? Any of these three hypotheses could pass as a justification for Virginia’s bad situation. First of all, it could be that the disaster of Jamestowne’s establishment was caused by the lazy English bums.They didn’t want to do anything, but spot a goldmine.The settlers relied solely on supplies that the ships brought and would rather barter, bully or steal from the Indians, than grow corn themselves.But they aren’t entirely to blame, some
To start off this essay, I would like to state whether or not I support West Virginias decision on whether on becoming their own state or just staying part of Virginia. In my opinion I support the decision to become their own state. There are three reasons why. The first reason is that they were going to become part of the union. The second reason is slavery. The final reason why I support them is because of their right to vote.
The main point of this article is that slavery had a lot more to do with West Virginia secession than what historians tend to think. Historians tend to think that western Virginia had no contact with the institution of slavery so therefore slavery had nothing to do with the succession of West Virginia. The problem with this notion is that western Virginia did have a slave presence and that was mostly in the Kanawha Valley. Slaves were used to work in the salt industry. This was different from how the slave institution looked in the South. Slavery in the south was based around plantation work and this differed from the work done in the Kanawha Valley. The Kanawha Valley relied a lot on the work of slaves in the salt industry. Even though Kanawha
“Serving Time in Virginia” had focused primarily on evidence and its importance of certain evidence at first sight. The very setting of Virginia serves as a prime example of this content area. Being one of the early settlements of the thirteen
Thomas, W. E. “Fifty Years of Progress in Roanoke: The Magic City: Roanoke, the Third Largest City in Virginia and Almost Its Youngest Municipality, Reviews Its First Half Century.” The Commonwealth: The Magazine of Virginia Business, May 1934, pp. 5–6, 19.
The state, which we inhabit, Virginia, arose as part of the measures to combat the problem of servitude. As servants, we would either take care of the homes or go to the farm to harvest tobacco. It is mandatory that each individual at this
West Virginia had a unique journey to statehood considering it was a product of the American Civil War. However, the journey can be traced back as far as 1776 when tension mounted between eastern regions and the western regions of Virginia, where only white males in possession of at least 25 acres of improved land were granted voting rights by the Virginia Constitution (Birthday.wv.gov par. 1). The eastern region of the state was therefore favored by this legal provision and as a result, it led to discontent with the western regions of the state (Sullivan 159). Furthermore, population factors were ignored by the Virginia constitution when deciding the number of delegates from each county. In this regard, the eastern region of the state was
A strengths, weaknesses, opportunities, and threats (SWOT) analysis is a situational analysis in which internal strengths and weaknesses of an organization, and external opportunities and threats faced by it are closely examined to assist management with planning and course correction (BusinessDictionary.com). Managers can use the results SWOT analysis to determine how competitive the organization is in its industry and to develop an effective organizational strategy. Though commonly associated with for profit organizations, SWOT analysis also are carried out by public institutions such as, hospitals, government agencies, and schools. The County College
3. The acronym SWOT stands for an organizations strengths, weaknesses, opportunities and threats. A SWOT analysis is strategic planning method that evaluates the internal and external performance of an organization to see if it’s favorable or unfavorable to achieve whatever objective you are set out to accomplish. Strengths and weaknesses usually arise from the internal aspect of an organization, whereas opportunities and threats evolve from external components. By performing a SWOT analysis it provides information to managers to help formulate a successful strategy to achieve goals.
SWOT analysis is a useful tool for understanding and decision-making for all sorts of situations in business and organization. SWOT analysis can be classified into internal and external factors affecting a company. The Strengths and Weaknesses of the SWOT analysis represent the internal factors that influence the viability of the company. While the Opportunities and Threats, on the other hand, are the external factors that may affect the company's performances. A SWOT analysis provides more understanding of the organization in relation to its internal and external environment so that manager can formulate better strategy in pursuit of its mission.