Moving Into The Modern Era, The Chamber Took On The Name Of The Los Angeles Area Chamber Of Commerce

Category: Finance.

The focal point of downtown Los Angeles is the Financial District, situated near to the construction at Bunker Hill. On of the most notable groups historically involved in bringing investment to the city is the LA Chamber of Commerce, which is supported by over 1, 600 local businesses.

The district is mostly comprised of corporate office skyscrapers, banks, hotels, law firms, and real estate companies. By promoting local businesses, the Chamber s main goal is to increase investment to the city and surrounding region. In its early days, the group promoted the West Coast region s many opportunities in the agriculture and international trade industries. It prides itself on advocating for economic growth, prosperity and quality of life. As the city developed into a major metropolitan area, the Chamber turned its focus to civic and political activities, education, involving trade, transportation and advocacy. They attempted to woo Midwestern farmers to LA because of their demonstrated expertise in that field. At that time the organization had two major objectives: to stimulate migration to the region and to broadcast its products.

To satisfy the second goal, the Chamber embarked on an ambitious California on Wheels expedition, which consisted of a railroad car filled with the state s agricultural products, and visited every major town in the Midwest and South. The group also assisted in boosting grassroots investments in some important manufacturing businesses. During the two- year tour, more than a million people viewed the exhibit and took home products offered by the Chamber. The beet sugar industry profited from advancements in energy sources that helped its growth. The Chamber also brought aircraft manufacturing to the region in 1920 by supporting international air meets at the local Dominguez airfield. Among these advancements was the discovery of oil and the new utilization of electric power generated from water. The region s livestock market got a boost when the Chamber helped to construct the Central Manufacturing District, serviced by the LA Junction Railway.

The organization moved from a county- sponsored group to a private business organization financially supported only by its members. In the aftermath of the Second World War, the Chamber turned from being an organization that tried to attract new business to Los Angeles to one that began to address modern issues associated with a large industrial area. Moving into the modern era, the Chamber took on the name of the Los Angeles Area Chamber of Commerce.

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