Journal Article

Economic History: The Rise and Fall of Company Towns

Abstract: The rise and fall of Gary — and that of company towns across the country — mirrors the arc of the nation's economy. From the textile mills of the early 1800s to the coal mines of the 20th century to the manufacturing hubs that defined America's industrial prowess, the story of the United States can be told through the company town. It is a tale of abundance and abandonment, boom and bust, plenty and poverty.

Keywords: company towns; economic history;

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Econ Focus

Publication Date: 2023

Volume: 23

Issue: 3Q

Pages: 10-13