Economy
Historically Barrow's economy was dominated by the manufacturing sector, with the Barrow Hematite Steel Company and Vickers Shipbuilding and Engineering being amongst the most important global companies in their respective fields during the 20th century. In the present day, manufacturing remains the largest employment sector in the town with BAE Systems Submarines Solutions being the single largest employer. However, like most of the UK, employment trends have greatly diversified since the 20th century and there are no other predominant employment sectors in Barrow.
Read more about this topic: Barrow-in-Furness
Famous quotes containing the word economy:
“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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)