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Fox News
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Florida has advanced to become the world's 14th largest economy, with a GDP of $1.8 trillion, surpassing countries like Australia and Mexico. The state's economic growth is driven by low taxes, streamlined regulations, and a focus on free enterprise, attracting population and wealth migration from other states. Florida's leadership aims to reach the top 10 global economies by the end of the decade through strategic initiatives focused on industries such as life sciences, defense, and technology.
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