In the United States, a prom, short for promenade, is a formal dance held at the end of the years of high school and college, called junior prom and senior prom respectively. In British English such an event would be called a ball, although in Canada, Australia, and New Zealand it is also often called a formal. In Australian schools the terms used are either formal or sometimes as Leaver's Dinner, usually so when the night includes a meal. In Ireland it is known as a debs (an abbreviation of debutante ball). In the U.S. a "formal" is typically a similar dance that is held by a fraternity or sorority affiliated with a certain college or university. In Australia, the term "prom" has also come into sparse usage and in Britain it is becoming widespread, because of US influence. The name is derived from the late ninteenth century practice of a Promenade ball. The end of year tradition stemmed from the Graduation Ball tradition.
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Economy
The state's total gross state product for 2003 was $76 billion. Its Per Capita Personal Income for 2003 was $24,384, 50th in the nation. The state's agriculture outputs are poultry and eggs, soybeans, sorghum, cattle, cotton, rice, hogs, and milk. Its industrial outputs are food processing, electric equipment, fabricated metal products, machinery, paper products, bromine, and vanadium.
In recent years, automobile parts manufacturers have opened factories in eastern Arkansas to support auto plants in other states (though Arkansas does not yet have an auto plant itself, it is rumored to be a future site for a Toyota plant as well as for a truck plant to be built by Toyota's subsidiary Hino Motors).
Tourism is also very important to the Arkansas economy; the official state nickname "The Natural State" is prominently displayed in state tourism advertising.
The effect of Tyson Foods, Wal-Mart, J.B. Hunt and other multinational companies located in NW Arkansas cannot be understated. The area is currently in a long-running economic boom due to being the forefront of Global Trade. Wal-Mart alone accounts for $8.90 out of every $100 spent in U.S. retail stores.
Source: http://en.wikipedia.org/