Federal Influence
The federal government is a major economic force.
The North American Aerospace Defense Command (NORAD) and United States Air Force Academy are based in Colorado Springs; National Oceanic and Atmospheric Administration (NOAA) and the National Institute of Standards and Technology in Boulder; United States Geological Survey and other government agencies at the Denver Federal Center in Lakewood; the Denver Mint and United States Court of Appeals for the Tenth Circuit in Denver; and the ADX Florence "supermax" prison and other federal prisons near Cañon City.
There is also a significant amount of federal lands in the state, including 11 National Forests and four National Parks. There are also numerous private companies that have operations in Colorado that deal with the governmental agencies in the state.
In the second half of the 20th century, the industrial and service sectors have expanded greatly. The state's economy is diversified and is notable for its concentration of scientific research and high-technology industries. Other industries include food processing, transportation equipment, machinery, chemical products, minerals such as gold and molybdenum, and tourism. Denver is an important financial center.
Read more about this topic: Economy Of Colorado
Famous quotes containing the words federal and/or influence:
“I am willing to pledge myself that if the time should ever come that the voluntary agencies of the country together with the local and state governments are unable to find resources with which to prevent hunger and suffering ... I will ask the aid of every resource of the Federal Government.... I have the faith in the American people that such a day will not come.”
—Herbert Hoover (1874–1964)
“Under the influence of fear, which always leads men to take a pessimistic view of things, they magnified their enemies’ resources, and minimized their own.”
—Titus Livius (Livy)