Vermont: The Changing Economy of Vermont

The Changing Economy of Vermont

The economy of the state, meanwhile, was in the midst of a series of sharp dislocations. The rise of manufacturing in towns and villages during the early 19th cent. had created a demand for foodstuffs for the nonfarming population. Consequently, commercial farming began to crowd out the subsistence farming that had predominated since the mid-18th cent. Grain and beef cattle became the chief market produce, but when the rapidly expanding West began to supply these commodities more cheaply and when wool textile mills began to spring up in S New England, Vermont turned to sheep raising.

After the Civil War, however, the sheep industry, unable to withstand the competition from the American West as well as from Australian, and South American wool, began to diminish. The rural population declined as many farmers migrated westward or turned to the apparently easier life of the cities, and abandoned farms became a common sight. The transition to dairy farming in the 20 years following the war staved off a permanent decline in Vermont's agricultural pursuits.

Since the 1960s, Vermont's economy has grown significantly with booms in the tourist industry and in exurban homebuilding and with the attraction of high-technology firms to the Burlington area. In recent years, prosperity has to some degree conflicted with concern for environmental issues. Nonetheless, the state has been active in attempts to preserve its natural beauty, enacting very strict laws regarding industrial pollution and the conservation of natural resources.

Notable Democratic governors include Madeline Kunin (1985-91), the state's only female and Jewish governor to date, and Howard Dean (1991-2003), who ran unsuccessfully for the Democratic Presidential nomination in 2004 and later served as the partie's chair (2005-09). Current governor, Republican Phil Scott (2017- ), has served three terms to date, and pursues liberal policies, reflecting the state's independent streak. The best-known Vermont politican is Independent Senator Bernie Sanders (2007- ).

Sections in this article:

Introduction
The Changing Economy of Vermont
The Mexican and Civil Wars
Statehood, at Last
The American Revolution and Independent Vermont
Benning Wentworth and the New Hampshire Grants
French Vermont
Government, Politics, and Higher Education
Economy
Geography
Facts and Figures

See more Encyclopedia articles on: U.S. Political Geography