From its early days as a regional trading center for the surrounding agricultural community to its first wave of industrial development brought on by the Indiana gas boom in the mid-1880s, Muncie has retained its ties to an industrial economy, and to a lesser extent its agricultural roots. In addition, the arrival of the forerunner to Ball State in the early twentieth century contributed to Muncie's development as an educational center, while Ball Memorial Hospital, established in 1929, led to the city's reputation as a healthcare center for east-central Indiana.