Vermont Economy 2

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By Ian Kleine

Vermont had been mostly dependent on what the good earth produces for them. Agriculture, in Vermont, produces at least a good market of close to two billion six hundred million dollars of income affecting directly, and indirectly the state of Vermont's economy.

In the previous two centuries, logging had been the forerunner of Vermont's economy. This over cutting and serious exploitation of the mountain forests had made Vermont's floral system less appealing over the years however. Most of the forests that have been cut down are used for farms, but over the recent centuries, these farms had slowly disappeared. Vermont's land and forest were allowed a chance to recover during that time.

Vermont's apparent lack of industrial areas had also saved it from building and industrial failures, most of some of the surrounding states are still suffering from. The only industry that still exists up until today, (and is currently successful) is Vermont's dairy industry. Most of Vermont's forests are second-generation.

Dairy farming has been one of the more profitable industries in Vermont. At least a thousand farms still exist, though this is at an alarming figure. While milk production rose thanks to new technology, the market share of the state slowly declined. A large amount of this milk is also shipped into the Boston market and most farms may not sell their milk without a certification from the Commonwealth of Massachusetts.

Another area of industry that is slowly growing in Vermont is the manufacture, packing and sales of artisan foods, fancy and novelty items and usually those from patisserie shops. Some of these brands include Cabot Cheese, Vermont Butter and Cheese, ginseng, Lake Champlain Chocolates, King Arthur Flour, and Ben and Jerry's Ice Creams. Items include high-quality paint, teddy bears and snowboards which are exported from the state. - 20763

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