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:
“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)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)