Economy
According the 1993 National Economic Census the manufacture industry represented 50.2% of the local economy. The transnational groups Philip Morris and Pirelli have a cigarette plant and a tire plant —respectively— in the industrial park, at the surroundings of Merlo railway station.
Wholesale and retail trade, repair of motor vehicles 10.32%; transport, storage and communication 5%; financial intermediation, real estate and renting 13.72%.
The agriculture and livestock industry only represented 0.15% of the economy. The main activities are dairy farming, market gardening (flower farming and organic vegetavle farming), poultry and beekeeping, organized in small and medium enterprises (SMEs).
Read more about this topic: Merlo Partido
Famous quotes containing the word economy:
“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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)