The Economic Minute: Arizona's five C's

If you grew up in Arizona you probably remember learning about the five C's, an easy way of remembering the major components of the state's economy at the time. At a recent Economic Club of Phoenix luncheon, W. P. Carey research economist Lee McPheters quizzed the group about the five C's. How well would you do? Pause your player if you need time to think. The exercise will teach you some things you may not have known about Arizona's economy, back in the day and today.

If you grew up in Arizona you probably remember learning about the five C's, an easy way of remembering the major components of the state's economy at the time. At a recent Economic Club of Phoenix luncheon, W. P. Carey research economist Lee McPheters quizzed the group about the five C's.

How well would you do? Pause your player if you need time to think. The exercise will teach you some things you may not have known about Arizona's economy, back in the day and today.