Economy
The village's main industry used to be dry docking and chandlery for the port of Conwy. When the Telford (1826) and Stephenson (1848) bridges were built the village was cut off from the high seas and began a period of decline. Today it is a dormer village, the vast majority of the population either being retirees or people who commute to work. The Cae Ffwt Business Park, located alongside the A470, has seen a number of small businesses set up base in the village.
Read more about this topic: Glan Conwy
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)