Modern Economy
For those who remained, new economic opportunities emerged through the export of cattle, commercial fishing and tourism. Nonetheless emigration and military service became the choice of many and the archipelago's populations continued to dwindle throughout the late 19th century and for much of the 20th century. Lengthy periods of continuous occupation notwithstanding, many of the smaller islands were abandoned.
There were however continuing gradual economic improvements, among the most visible of which was the replacement of the traditional thatched black house with accommodation of a more modern design and with the assistance of Highlands and Islands Enterprise many of the islands' populations have begun to increase after decades of decline. The discovery of substantial deposits of North Sea oil in 1965 and the renewables sector have contributed to a degree of economic stability in recent decades. For example, the Arnish yard has had a chequered history but has been a significant employer in both the oil and renewables industries.
Read more about this topic: Hebrides
Famous quotes containing the words modern and/or economy:
“The modern woman is the curse of the universe. A disaster, that’s what. She thinks that before her arrival on the scene no woman ever did anything worthwhile before, no woman was ever liberated until her time, no woman really ever amounted to anything.”
—Adela Rogers St. Johns (1894–1988)
“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)