Economy
As of 2005, Baja California’s economy represents 3.3% of Mexico’s gross domestic product or 21,996 million USD. Baja California's economy has a strong focus on tariff-free export oriented manufacturing (maquiladora). As of 2005, 284,255 people are employed in the manufacturing sector. There are a more than 900 companies operating under the federal Prosec program in Baja California.
Read more about this topic: Baja California
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)