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Name: _____________________________________________________________________________
Industry Cluster Map Cred
Cluster maps provide a ton of useful and interesting information in a fun, interactive format. Cluster maps provide investors and analysts with data for comparing related industries. You can use the U.S. cluster map to investigate potential careers. At first glance,
a cluster map may look intimidating, but cluster maps and websites are easy to navigate and user-friendly. For a cluster map tutorial: www.youtube.com/watch?v=PI3mhg2Jx9I . For this activity you will use the U.S. Cluster Mapping website at www.clustermapping.us . Spend about 10 minutes free-exploring the website, then answer the following questions: 1. Go to clustermapping.us/about . In your own words, what is the purpose of the U.S. Cluster mapping website? _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 2. Who developed the U.S. Cluster Map? _ ______________________________________________________________________________ 3. Click on Cluster on the menu bar. What are the key differences between a traded cluster and a local cluster? _ ______________________________________________________________________________ _ ______________________________________________________________________________ _ ______________________________________________________________________________ 4. Scroll down the page to the blue and green cluster bubbles. Click on Music . How many people are employed in the music industry in the U.S.? ____________ How about in coal mining? ____________ Oil and gas? ____________ 5. Click on the Music Cluster Dashboard . Scroll down to Top Regions . If you want to work in the music industry, which three states are you most likely to work in? ___________________________________________ 6. On the menu bar above the cluster bubbles, click on Wages . What is the average wage of someone employed in the music and sound recording industry? _____________ How about insurance services? _____________ Hospitality and Tourism in 2012? _____________ The U.S. Cluster Mapping website was developed to provide governments and economists with the data and tools for assessing regional cluster strengths, business environment characteristics, and innovation assets, and economic strategies. Traded: serves markets in other regions or nations and is key to prosperity; Local : Primarily serves the local market and is key to retaining and sharing prosperity. 22,897 99,243 679,791 $93,076 $32,733 $80,842 California, New York, Tennessee Harvard Business School and the U.S. Economic Development Administration PRODUCT PREVIEW
141 THE 21st CENTURY STUDENT’S GUIDE TO FINANCIAL LITERACY
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