The New Economy of the Great Plains: Implications for Economic Development

Abstract

Communities across the Great Plains are adapting successfully to the new economy. This article highlights some of these efforts in innovation, agriculture, small business, technology, trade, and tourism. Economic restructuring is changing how towns and cities work and interact, leading to the emergence of a "community of networks, " as old economic and social ties are broken. Of increasing importance are quality of life factors as more people discount economic factors and incorporate a "sense of place" into their location decisions. Implications point toward needed changes in economic development and growth strategies. Finally, suggestions are made for further research.