Sample Essay on:
Unemployment in the U.S. Virgin Islands

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Essay / Research Paper Abstract

This 7 page paper discusses unemployment in the Virgin Islands, the rise in crime and the industries that support the islanders. Bibliography lists 5 sources.

Page Count:

7 pages (~225 words per page)

File: KV32_HVunemvi.rtf

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Unformatted sample text from the term paper:

listed below. Citation styles constantly change, and these examples may not contain the most recent updates. Unemployment in the U.S. Virgin Islands Research Compiled for The Paper Store, Inc. by K. Von Huben 4/2010 Please Introduction The U.S. Virgin Islands, like the rest of the world, is suffering an economic downturn. This paper explores some of the issues facing the islanders. Discussion Part of the problem is that the Virgin Islands are - well - islands. While they are stunningly beautiful, they are also small, with limited space for development. Whatever cannot be manufactured or grown on the island has to be imported, and such imports are often very expensive. In addition, the islanders have few sources of revenue and if they lose any of them the entire economy suffers. The islands have belonged to the U.S. since 1917, when it bought all three of them; at the time, "the economy was in shambles" (History for U.S. Virgin Islands, 2010; hereafter "History, 2010"). Those who hoped acquisition by the U.S. would make things better were badly disappointed: the U.S. extended prohibition to the islands in 1922, dealing another blow the rum industry there (History, 2010). During his visit to the islands in 1931, President Herbert Hoover called them an "effective poorhouse" (History, 2010). The Navy ran the islands until the Department of the Interior took over in 1931 (History, 2010). Despite the arrival on the islands of "Continentals," whites from the mainland U.S. who retired to USVI and established businesses there, and despite a commercial sugar industry, the economy didnt really recover "Harvey Alumina and Hess Oil, now HOVENSA, opened shop in the mid-1960s" (History, 2010). In addition, as air travel became easier, the tourist industry began ...

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