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by Perryman on October 10th, 2006
In a company town you have one dominant employer and what they do effects everything in town,
from its social life to its poverty rates to its commerce.
It sounds as if it was quite stifling. It could prevent you from widening out in your interests and choices. There would be less movement into other career fields or to other companies.
by Anonymous too on October 10th, 2006
A company town is a town or city in which most or all real estate, buildings(both residential and commercial), utilities, hospitals, small businesses such as grocery stores and gas stations, and other necessities or luxuries of life within its borders are owned by a single company. Traditional settings for company towns were where extractive industries--coal, metal mines, timber--had purchased a monopoly franchise. Dam sites and war-industry camps founded other company towns.
Wikipedia
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