Economy
The village gave its name to Cheddar cheese, which is the most popular type of cheese in the United Kingdom. The cheese is now made and consumed worldwide, and only one producer remains in the village.
Since the 1880s, Cheddar's other main produce has been the strawberry, which is grown on the south-facing lower slopes of the Mendip hills. As a consequence of its use for transporting strawberries to market, the since-closed Cheddar Valley line became known as The Strawberry Line after it opened in 1869. The line closed in the 1960s, when it became part of the Cheddar Valley Railway Nature Reserve. It ran from Yatton to Wells. When the rest of the line was closed and all passenger services ceased, the section of the line between Cheddar and Yatton remained open for goods traffic. It provided a fast link with the main markets for the strawberries in Birmingham and London, but finally closing in 1964.
Cheddar Ales is a small brewery based in the village, producing beer for local public houses. Tourism is a significant source of employment. Around 15 percent of employment in Sedgemoor is provided by tourism, but within Cheddar it is estimated to employ as many as 1,000 people. The village also has a youth hostel, and a number of camping and caravan sites.
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Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)