Our New Economic Champion

The first Europeans that arrived in Montana were not interested in mountain biking or sight seeing. They came to make money, fast. The determination to make money as quickly as possible without considering long-term consequences triggered a series of boom and bust cycles. Except for agriculture, boom and bust cycles characterized the Montana economy from about 1850 to 1950. We had a gold boom and bust, a silver boom and bust and the one we are reminded of most frequently today, the copper boom and bust. The Berkeley Pit remains a reminder of how important long-term planning is when dealing wit...

 

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