Economy
In the 19th century farming became less economic when construction of the reservoirs reduced the amount of agricultural land in the village. The weaving industry was mechanised, small mines closed and the population declined further when properties in the village were demolished in the early 20th century. Agriculture, mainly sheep farming, continues although on a small scale. Tourism at Rivington began in Victorian times and after the reservoirs were filled in the 1860s was known as the Little Lake District. Rivington became a popular destination when Lever Park opened in 1904. From the late Victorian period until the mid-20th century tourists from Bolton travelled on day trips by tram along Chorley New Road and then on to Rivington on foot, many more visitors arrived by train. Today thousands of visitors are attracted to the village, Rivington Pike and Lever Park every year, making tourism the most significant source of income in the area.
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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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)