The relationships between the social, political and economic aspects of society. In these relationships, industries, and tradition shapes the development of a city or town. Some of the most interesting testament of this association is California. The first half of the 20th Century saw the economy of the state develop on agriculture, fisheries, and mining. These industries formed the bedrock of the California economy pre-World War Two. While the economic development defined a period of growth for the state, it was prudent to assume that the extraction of the gifts of nature was sufficient or even anachronistic enough to ensure a sustained economy in California. Walker (2001), argues that a collaborative association between the functions of economic, social and political influences in society was an important tool. Some of the most important markers that saw sustainable development in California was the social relations developed in the supply chain of a lot of industries, the class system, mass and very fast accumulation of wealth and property rights saw the management of companies and industries significantly interdependent and exponentially efficient.
The gold rush was replaced by the silver and petroleum succession. After this, California sought to develop their farmlands and maintain their century-long capitalization on land-based activities. In monetary terms, the industry saw the accumulation in the trillions of dollars during this period. After the first half of the twentieth century, California took up science and technology among other industries like performing arts and became a global industrial hub. It is important to note that as the state successively took up one economic activity on which it could base its economy, each activity seemed consistently out of its historical context. This capitalistic thinking took the state by a wave and changed the principles that have sustained the California economy since the mid-nineteenth century (Walker 167 - 199).
Work Cited
Walker, Richard A. "California's Golden Road To Riches: Natural Resources And Regional Capitalism, 1848 - 1940". Annals of the Association of American Geography 1 (2001): 167 - 199. Print.