This year Aetna announced it was moving out of Hartford, Connecticut, where it had held it headquarters for over 100 years. The announcement sent shockwaves through an already economically challenged state. How would Aetna leaving have an impact on the local community?
A) People would move out of Connecticut causing a housing market issue with too many homes for sale.
B) Restaurants close to the office building may close due to lack of customers.
C) There would be vacant office buildings with no property taxes being paid.
D) Employees would no longer exercise at the local park.
E) Courses in insurance adjustment would no longer be offered at the community college.

Question

Quizplus · Accepted Answer

Local communities are obviously important stakeholders, as becomes evident not only when a big organization arrives but also when it leaves, sending government officials scrambling to find new industry to replace it. Schools and municipal governments rely on the organization for their tax base. Families and merchants depend on its employee payroll for their livelihoods. In addition, everyone from the United Way to the Little League may rely on it for some financial support.

This Year Aetna Announced It Was Moving Out of Hartford