Economy
Copper mining is an important part of the economy of Katanga province. Cobalt mining by individual contractors is also prevalent. There are a number of reasons cited for the discrepancy between the vast mineral wealth of the province and the failure of the wealth to increase the overall standard of living. Gécamines is the state owned mining company which has monopoly concessions in the province.
Read more about this topic: Katanga Province
Other articles related to "economy":
... Scotland has a western style open mixed economy that is closely linked with the rest of Europe and the wider world ... Traditionally, the Scottish economy has been dominated by heavy industry underpinned by the shipbuilding in Glasgow, coal mining and steel industries. 1980s saw a shift from a manufacturing focus towards a more service-oriented economy ...
... in General Theory of Employment Interest and Money that lower aggregate expenditures in the economy contributed to a massive decline in income and to employment that was well ... In such a situation, the economy reached equilibrium at low levels of economic activity and high unemployment ... keep people fully employed, governments have to run deficits when the economy is slowing, as the private sector would not invest enough to keep production at the normal level and bring the economy out of ...
... The war furthered the decline of the Iranian economy that had begun with the revolution in 1978–79 ...
... During its history Quincy has been known as a manufacturing and heavy industry center, with granite quarrying dominating employment in the 19th century and shipbuilding at Fore River Shipyard and Squantum Victory Yard rising to prominence in the 20th century ... The recent decades have seen a shift in focus to several large employers in the financial services, insurance and health care sectors of the economy ...
... The second largest economy in the group is the Czech Republic (GDP of USD 273.070 billion total, 42nd in world ranking) ... However, the subsequent 41 years of communism greatly damaged the economy ... the Czech Republic has successfully transformed itself into a free market economy ...
Famous quotes containing the word economy:
“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)
“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)
“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)