Sugar plantations were the backbone of the economy. Sugar was also the main Hawaiian export to the United States. For many years, Hawaiian sugar was sold tariff-free in the United States. In 1890, the US Congress passed the , which removed tariffs on all foreign sugar imports. This change meant that Hawaiian sugar producers had to compete with other nations in the US market.

what are local authorities doing to fix the problem

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answer: the risk-return relationship. generally, the higher the potential return of an investment, the higher the risk. there is no guarantee that you will actually get a higher return by accepting more risk. diversification enables you to reduce the risk of your portfolio without sacrificing potential returns.

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