State History Guide

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Connecticut Economy

Since colonial times, Connecticut has been a leading industrial state. Over the years, the state has produced friction matches, submarines, lollipops, safety fuses, mechanical calculators, and sewing machines.

Today, Connecticut is an important producer of transportation equipment including nuclear submarines, helicopters, and jet engines. The state is also a leader in the manufacturing of electronics and plastics.

Connecticut is corporate home to many world-renowned companies, such as Xerox, General Electric, and Union Carbide. For more than 180 years, Hartford has been the nation’s insurance capital. This industry began with ship and cargo insurance during the 18th century. Fire insurance was introduced in 1794 and over the next century, life, accident, and health insurance followed. There are 106 insurance companies in Hartford alone.

Agriculture is also important to the state. Connecticut’s farms produce dairy and poultry products, tobacco, vegetables and fruits, and nursery items.

Connecticut Economic Information from Teachersfirst.com

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Profiles resources and data , sorted by topics and by US states

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