Chapter 7: Industrial and Commercial Organization

As stated earlier, mining was the industry the city of Aspen was founded upon. Furthermore, with the decline in mining came the decline in population as jobs became scarce. The jump in population in the mid 20th century was a result of a revamped economy based on tourism and skiing. Thus, Aspen’s main industries were skiing and tourism and continue to be today. Tourism has become so popular that homes are being bought as a vacation home for the people that can afford it. As a result, property values rise and so does everything else. Now, Aspen is an expensive city to work and live in, while also an attractive spot for celebrities and the wealthy to vacation. A perfect example of the wealth of Aspen are the availability of a Dior, Channel, Louis Vuitton , Prada, Gucci, Fendi, Tod’s, and Burberry boutique, 3 of which are the only locations in Colorado. With a low population, factories and high-production industries do not exist in Aspen. Just how Aspen depended heavily on the mining industry in the late 19th century, the city depends on the tourism and skiing industries today.


http://skitour.com/gif/resort/aspen.jpg


http://www.city-data.com/city/Aspen-Colorado.html

Sources:
http://en.wikipedia.org/wiki/Aspen,_Colorado#cite_note-3