Economy
Agriculture is the primary industry in most of the Central Valley. A notable exception to the predominance of agriculture has been the Sacramento area, where the large and stable workforce of government employees helped steer the economy away from agriculture. Despite state hiring cutbacks and the closure of several military bases, Sacramento's economy has continued to expand and diversify and now more closely resembles that of the nearby San Francisco Bay Area. Primary sources of population growth are people migrating from the San Francisco Bay Area seeking lower housing costs, as well as immigration from Asia, Central America, Mexico, Ukraine and the rest of the former Soviet Union.
Read more about this topic: Central Valley (California)
Famous quotes containing the word economy:
“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)
“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)
“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)