The economy of Lethbridge is central to the commercial, distribution, financial and industrial sectors of the southern Alberta economy (although Medicine Hat plays a significant role in southeastern Alberta). Lethbridge has a trading area population of 250,000 (including parts of British Columbia and Montana). The city was founded in 1885 as a result of local coal mining and later was buoyed by local farming and ranching. Toward the end of the twentieth century, the local economy started diversifying by focusing more on service-based industries.
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