Minnesota, apart from other states, maintains a diverse economy which closely mirrors that of the United States in terms of business output. From roots in fur trading and agriculture, the state is now home to several major corporations such as Target, 3M, U.S. Bancorp, Best Buy, and the second largest private company in the nation, Cargill. Minnesota is home to America’s first shopping mall, Edina’s Southdale Center.
Primary industries include mining for iron ore and coal, forestry and paper production, high-tech manufacturing and biomedical research. Minnesota’s agricultural center remains a first among the states for production of sugar beets, sweet corn and green peas. Agriculture remains a primary contributor to the state’s economy.
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