Economy
According to the Institut National de la Statistique et des Études Économiques (INSEE), Alsace had a gross domestic product of 44.3 billion euros in 2002. With a GDP per capita of €24,804, it was the second-place région of France, losing only to Île-de-France. 68% of its jobs are in the services; 25% are in industry, making Alsace one of France's most industrialised régions.
Alsace is a région of varied economic activity, including:
- viticulture (mostly along the Route des Vins d'Alsace between Marlenheim and Thann)
- hop harvesting and brewing (half of French beer is produced in Alsace, especially in the vicinity of Strasbourg, notably in Strasbourg-Cronenbourg, Schiltigheim and Obernai)
- forestry development
- automobile industry (Mulhouse)
- life sciences, as part of the trinational BioValley and
- tourism
- potassium chloride (until the late 20th century) and phosphate mining
Alsace has many international ties and 35% of firms are foreign companies (notably German, Swiss, American, Japanese, and Scandinavian).
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Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)