POSITION PAPER

Position Paper

Position Paper

San Francisco's gift of God blessed with nature beauty and natural resources, like gold. The city was in a unit that is a financial house of power in late 1880-ies.

Since the days of banking fame for Gold rush, International financial institutions are hosted by San Francisco. Some of the biggest banks in the country have their headquarters in San Francisco. An unusual point of pride in the banking industry of the country that stock market crash in 1929 and most amazingly none of the bank failed based on San Francisco banking system.

San Francisco is considered as the house of technology. Fields of study ranging from biotech industry of educationist, innovative companies have planned to shift in San Francisco. The defense industry, mainly in high technology created a boom. Economic globalization in the middle of the 20th century produced economic regional and metropolitan transformations bring changes in the San Francisco economy dramatically. After 1960s, industrial, marketable and trade-oriented jobs replaced by work related with the city's role as a service center. For government, finance, insurance, real estate and multimedia jobs during the peak technological era, high educated workers migrated to city (Coté, 2009). In the end of the 90's era, a dot-com (technological) boom attracted many entrepreneurs and developers of computer applications in the city. , many high technology and entrepreneurship contributed in San Francisco's economy. The greatest money Maker in San Francisco in the economy is $ 6.73 billion tourism's unique geography, liberal atmosphere, and quality of entertainment and culture of the city attract visitors from around the globe. While the entrepreneurial spirit that defined San Francisco from its founding in the mid-nineteenth century helped distinguish the city as a beacon for experimental journalistic voices, it also contributed to setbacks in journalism quality, through rapid ...