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==History== [[File:Lake County Court House, Madison, South Dakota (75660).jpg|thumb|upright=1.2|Lake County Court House, shown on a c. 1940 postcard]] Madison was laid out in 1873.<ref>{{cite book|author=Federal Writers' Project|author-link=Federal Writers' Project|title=South Dakota place-names, v.1-3|url=http://babel.hathitrust.org/cgi/pt?id=mdp.39015027015455;view=1up;seq=131|year=1940|publisher=University of South Dakota|page=49}}</ref> The city was named after [[Madison, Wisconsin]].<ref>{{cite book|last=Gannett|first=Henry|title=The Origin of Certain Place Names in the United States|url=https://archive.org/details/bub_gb_9V1IAAAAMAAJ|year=1905|publisher=U.S. Government Printing Office|page=[https://archive.org/details/bub_gb_9V1IAAAAMAAJ/page/n195 196]}}</ref> Agriculture has long been a central part of Madison's economy, with farming and livestock production being key industries. The establishment of Dakota State University in 1881 contributed to the city's growth, with the university evolving from a normal school into a recognized institution in cybersecurity and technology. This shift has had a notable impact on the local economy. Additionally, Madison hosts events like the Prairie Village Steam Threshing Jamboree, an annual gathering that highlights the areaβs agricultural history. On May 12, 2022, Madison, along with several other towns in the region, were affected by a destructive [[derecho]].
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