Economy of Kentucky

Economy Of Kentucky

Kentucky (i/kɪnˈtʌki/), officially the Commonwealth of Kentucky, is a state located in the east south-central region of the United States. Kentucky is one of four U.S. states constituted as a commonwealth (the others being Virginia, Pennsylvania, and Massachusetts). Originally a part of Virginia, in 1792 Kentucky became the 15th state to join the Union. Kentucky is the 37th most extensive and the 26th most populous of the 50 United States.

Kentucky is known as the "Bluegrass State", a nickname based on the bluegrass found in many of its pastures because of the fertile soil. It is a land with diverse environments and abundant resources, including the world's longest cave system, Mammoth Cave National Park, the greatest length of navigable waterways and streams in the contiguous United States, and the two largest man-made lakes east of the Mississippi River.

Kentucky is also home to the highest per capita number of deer and turkey in the United States, the largest free-ranging elk herd east of Montana, and the nation's most productive coalfield. Kentucky is also known for horse racing, bourbon distilleries, automobile manufacturing, tobacco, and college basketball.

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    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)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
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    He believes without reservation that Kentucky is the garden spot of the world, and is ready to dispute with anyone who questions his claim. In his enthusiasm for his State he compares with the Methodist preacher whom Timothy Flint heard tell a congregation that “Heaven is a Kentucky of a place.”
    —For the State of Kentucky, U.S. public relief program (1935-1943)