Economy
Production and the intense trade in precious stones is the reason the "Brazil Gem Show" takes place in the local authority every year: an event that consists of the commerce of precious stones with Brazilians and foreign visitors
Governador Valadares is the biggest city and commercial center of the Eastern region of the state of Minas Gerais, having several cities in his area of influence, such as Teófilo Otoni and Caratinga. At present, Governador Valadares is growing in industrial development, due to its strategic position, human resources and international reputation.
It is a trade and industrial center. Sawmills and food-processing plants are in the city, and mica and beryl are mined in the area. Governador Valadares is one of the most famous gem-trading centres in Brazil. Gem minerals include amethyst, chrysoberyl, brazilianite, topaz and quartz. The Golconda mine, one of the oldest in the city, attracts the curiosity of tourists and stone collectors from all over the world.
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Famous quotes containing the word economy:
“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)
“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)
“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)