Virginia’s Economy Today
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Advances in transportation, communications,
agriculture, and technology impact our economy
today. Highways, railroads, ports, and air
transportation makes up Virginia’s transportation
system as raw materials are transported to
factories and finished products to markets across
the country. Virginia continues to produce and
export agricultural and manufactured products, which includes tobacco,
poultry, coal, and ships. Virginia’s industries produce goods and services that
are used throughout the United States.
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Virginia is also known for its communications and technology
industries. Because of the many government agencies and
military installations, many federal workers live and work in
Virginia. Of course, tourism plays a major part in Virginia’s
economy. People come to enjoy many different types of
recreation.
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All of these advances have led to an increase in the
number of people and businesses that have chosen
to move to Virginia. Increased migration has led to
more economic development and prosperity. As a
result, Virginia plays a major role in the nation’s
economy today.