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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)