Economy
The Black-market provides nearly 75% of the income generated within the borders of the city. This includes: retail, groceries, employment, money exchange, agriculture and manufacturing of many goods. A large part of the population work as small business owners in outdoor markets.
Kokand is also a center for the manufacture of fertilizers, chemicals, machinery, and cotton and food products. Over the last two decades, new districts and public buildings have been created in the city as well as many houses, shops, cafes, restaurants and other private sector ventures. Kokand is also an educational center with 1 institute, and 9 colleges and lyceums, and numerous museums.
Read more about this topic: Kokand
Famous quotes containing the word economy:
“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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“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)