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ECOCB535_Competency_1_Part_2.doc Washington Aerospace Economic Concentration Universit

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ECOCB535_Competency_1_Part_2.doc Washington Aerospace Economic Concentration University of Phoenix ECOCB/535: The Digital Economy Washington Aerospace Economic Concentration Aviation has a long history in the stat ...

ECOCB535_Competency_1_Part_2.doc Washington Aerospace Economic Concentration University of Phoenix ECOCB/535: The Digital Economy Washington Aerospace Economic Concentration Aviation has a long history in the state of Washington dating back to the beginning of the twentieth century. Just a few years after Charles Hamilton flew the first heavier than air aircraft the notable figure, William Boeing, took his first flight. From there, war and a new industry of airmail began to shape the current economic concentration of aerospace in Washington state (Washington State, 2020). Washington leads the country in the aerospace industry and is the most competitive while the US provides half of the worlds production in aerospace. This industry has been at its peak with a very large growth rate. (Teal Group, 2018). There are many factors that have influenced the aerospace economic concentration in the pacific northwest and its evolution. Competition, supply chain, and the four factors or production have influenced this evolution and conversely the concentration impacts them as well. Competition Boeing trailblazed in a new industry that was set to skyrocket based on the quickly approaching demand for air travel and even space. By beginning this journey in Washington state, he laid the foundation on which the economic concentration would be built. The first major demand of the new industry was quality part manufacturers which is where Boeing began. Other new manufacturers also set up shop in Washington since tha. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .

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