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 2004 total gross state product was $187 billion. If Arizona (and each of the other US states) were an independent country along with all existing countries (2005), it would have the 61st largest economy in the world (CIA - The World Factbook). This figure gives Arizona a larger economy than such countries as Norway, Denmark, Czech Republic, Ireland, Finland, and New Zealand. Arizona currently has the 21st largest economy among states in the U.S..

The state's per capita income is $27,232, 39th in the U.S. Early in its history, Arizona's economy relied on the "Five C's": copper, cotton, cattle, citrus, and climate (tourism). At one point Arizona was the largest producer of cotton in the country. Copper is still extensively mined from many expansive open-pit and underground mines, accounting for two-thirds of the nation's output.

Employment
The state government is Arizona's largest employer, while Wal-Mart is the state's largest private employer, with 17,343 employees (2003). Arizona lost much of its comparative advantage as a high-tech industry leader between 1990 and 2001, according to a state Department of Commerce report.

In 2001, 161,166 Arizonans were employed in the high-tech sector, accounting for about 8.3 percent of total private-sector employment of more than 1.9 million. High-tech payroll in 2001 was $2.2 billion, or 14.7 percent of the private-sector total. High-tech employment was led by software and computers, with 34,314; electronics components manufacturing, 30,358; aerospace manufacturing, 25,641; architectural and engineering services, 21,378; telecommunications, 21,224; and instruments manufacturing, 13,056.

Source: http://en.wikipedia.org/