Economy
Historically Barrow's economy was dominated by the manufacturing sector, with the Barrow Hematite Steel Company and Vickers Shipbuilding and Engineering being amongst the most important global companies in their respective fields during the 20th century. In the present day, manufacturing remains the largest employment sector in the town with BAE Systems Submarines Solutions being the single largest employer. However, like most of the UK, employment trends have greatly diversified since the 20th century and there are no other predominant employment sectors in Barrow.
Read more about this topic: History Of Barrow-in-Furness
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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)