Economy
This is a chart of trend of regional gross value added of Cambridgeshire at current basic prices published (pp. 240–253) by Office for National Statistics with figures in millions of English Pounds Sterling.
| Year | Regional Gross Value Added | Agriculture | Industry | Services |
|---|---|---|---|---|
| 1995 | 5,896 | 228 | 1,646 | 4,022 |
| 2000 | 7,996 | 166 | 2,029 | 5,801 |
| 2003 | 10,154 | 207 | 2,195 | 7,752 |
AWG plc is based in Huntingdon. The RAF has several stations in the Huntingdon and St Ives area. RAF Waterbeach, 6 miles north of Cambridge, is a former RAF airfield, now used as an army barracks. RAF Alconbury, 3 miles north of Huntingdon, is being reorganised after a period of obsolescence following the departure of the USAF, to be the focus of RAF/USAFE intelligence operations, with activities at Upwood and Molesworth being transferred there. Most of Cambridgeshire is agricultural. Close to Cambridge is the so-called Silicon Fen area of high-technology (electronics, computing and biotechnology) companies. ARM Limited is based in Cherry Hinton.
Read more about this topic: Cambridgeshire
Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“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)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)