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Arkansas Economy
About half of Alabama
While it was a major cotton-producing
state in the 19th century, Arkansas has since diversified its agricultural
production and its economy. The growing use of farm machinery led to the
consolidation of many family-run farms into larger farming corporations.
Arkansans learned in 1904 that rice could successfully be grown here, and it is
now one of its most profitable crops. The livestock and dairy industries have
also gained prominence in the last 90 years. Cotton is still an important crop,
but now ranks below soybeans and rice. Arkansas is also a leading producer of
poultry, turkeys, dairy goods, and catfish. The state's most important mineral
products are petroleum, bromine and bromine compounds, and natural gas, and it
is the nation's leading bauxite producer. Principal manufactures are food
products, chemicals, lumber and paper goods, electrical equipment, furniture,
automobile and airplane parts, and machinery.
Arkansas Economic Information from
Teachersfirst.com
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