Economy
The economy of the city of San Marino has always been closely bound to that of the country. Until recently, the main economic activities of the locality were stone extraction and carving. Today, there is a more varied economy, including tourism, commerce, sale of postage stamps, and a small agricultural industry, although the last is in decay.
Read more about this topic: City Of San Marino
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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)