Impact Of Economic Development On Moon Lake s And River...

Introduction: United States has a national debt of 17.5trillion dollars and Florida being is one of its fifty states, have about 350billion dollars debt, if the debt was divided equally; so Florida should be efficient in its usage of money and wealth and should not be spending money on non-profitable items. However, the Floridian government is investing in infrastructure development in the Moon Lake region. To evaluate, if this investment is profitable to economic growth and development, the research question, â€Å"To what extent will the infrastructure development in Moon Lake region be beneficial?† was created. Hypothesis: It was hypothesized that the investment in Moon Lake’s and River Ridge’s infrastructure is beneficial and profitable†¦show more content†¦I also went down to the construction area near my house every three to four week and recorded the construction they are building. While doing this I found that they are not only making roadways but they are also replacing the old wooden electric poles and power lines with new stronger metal ones with new power lines. Also other than the transportation aspect of Moon Lake infrastructure, the Community College near the border of Moon Lake and River Ridge region is being elevated to a State College and its advocating new programs. Internet research was also conducted to investigate the moon lake population and its income and life style. Data and Analysis Moon lake Household Income distribution Chart Income Range Population $0-$9k 131 $10k-$19k 327 $20k-$29k 217 $30k-$39k 162 $40k-$49k 123 $50k-$59k 119 $60k-$74k 123 $75k-$99k 70 $100k-$124k 54 $125k-$149k 42 $150k-$199k 26 $200k-$249k 6 $250k-$499k 7 $500k+ 2 The investigation reveled that the Moon Lake population has a population of 3617 with an average income of 33,291. Income distribution is show in the Moon Lake Household Income distribution chart. This chart display that ranges between $10k-$19k is where the most household’s income is at; and the majority of households in the region are between $10K-$74k while some exceptionally rich household make more. There are 131 households within the lowest income range of $0-$19K while there are two household in $500k+ income range. Age groups of the