The first thing that we need to know is Maryland. This is a highly populated state in the United States; it is not only highly populated but also very small in size. It is one of the smallest with its main source of revenue being tertiary service. The high population is characterized by semi-literate persons thus they can only get involved in activities that require soft skills. One of the main activities is dealing with machines. There is quite a number of machine shop Maryland that is known by people.
From the name, these are shops that sell machine parts to other sectors such as the transport sector. Due to the challenge of failure of some machines to function well, there is the need to come up with measures on how to handle it for example replacement or just maintenance if the situation is simple.
It is because of this that the state is among the top in the US. Dealing with the machines and establishment of numerous shops has given this state a competitive edge in terms of economy. There is a very low rate of poverty given that many own the shops thus reducing dependency ratio. It is for this reason that the shops are very common.
Running of the shops do not require any academic skills at all. All that is needed is discipline and determination to run such a business. Of the high population, very few get the chance to acquire the necessary skill required for white collar jobs. For this reason, many opt for the common business that seems to be striving well.
The congestion of the shops in various regions results from the fact that the state has a strategic location that favors this kind of business positively. Next to the state is a port that provides the largest market for the machines sold. Transport machinery is the most commonly sold in the state due to the readily available market.
These shops have contributed a great deal in lowering the poverty rate in the state, making bit one of the wealthiest states in the US. Many individuals are self-employed while others have been incorporated in the businesses hence lowering the dependency ratio. The per capita income in the country is high courtesy of these shops.
Training is one very important contributor of success. The state has been leading on this matter because many training grounds have been availed to the citizens through the creation of tertiary institutions. Here, people are taught on how to run such businesses as well as hoe to repair the machines. Those with experience are always utilized in the exercise.
It is very advisable for more countries to adopt this in their own states because it seems to be very beneficial. Tertiary sector is as important as any other sector and should be taken seriously. For business people, it is high time that they benchmark from this state. It has positive outcome worth mentioning.
From the name, these are shops that sell machine parts to other sectors such as the transport sector. Due to the challenge of failure of some machines to function well, there is the need to come up with measures on how to handle it for example replacement or just maintenance if the situation is simple.
It is because of this that the state is among the top in the US. Dealing with the machines and establishment of numerous shops has given this state a competitive edge in terms of economy. There is a very low rate of poverty given that many own the shops thus reducing dependency ratio. It is for this reason that the shops are very common.
Running of the shops do not require any academic skills at all. All that is needed is discipline and determination to run such a business. Of the high population, very few get the chance to acquire the necessary skill required for white collar jobs. For this reason, many opt for the common business that seems to be striving well.
The congestion of the shops in various regions results from the fact that the state has a strategic location that favors this kind of business positively. Next to the state is a port that provides the largest market for the machines sold. Transport machinery is the most commonly sold in the state due to the readily available market.
These shops have contributed a great deal in lowering the poverty rate in the state, making bit one of the wealthiest states in the US. Many individuals are self-employed while others have been incorporated in the businesses hence lowering the dependency ratio. The per capita income in the country is high courtesy of these shops.
Training is one very important contributor of success. The state has been leading on this matter because many training grounds have been availed to the citizens through the creation of tertiary institutions. Here, people are taught on how to run such businesses as well as hoe to repair the machines. Those with experience are always utilized in the exercise.
It is very advisable for more countries to adopt this in their own states because it seems to be very beneficial. Tertiary sector is as important as any other sector and should be taken seriously. For business people, it is high time that they benchmark from this state. It has positive outcome worth mentioning.
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