Economic History
The coal and shipbuilding industry that once dominated the North East suffered a marked decline during the second half of the twentieth century. Tyneside is now re-inventing itself as an international centre of art, culture and, through The Centre For Life, scientific research, especially in stem cell technology. The Quayside and The Gate are popular areas for their nightlife. Sunderland suffered economic decline during the last century, but is now becoming an important area for quaternary industry, science and high technology. The economy of Teesside is largely based on the petrochemical and steel industries. Northumberland and County Durham are both largely rural, and base much of their economies on farming and tourism.
In May 2005, the "Passionate people. Passionate places." regional image campaign was launched to promote North East England as a great place in which to work, study, visit and invest.
The friction match was invented in Stockton-on-Tees in 1826 by John Walker.
Read more about this topic: North East England
Famous quotes containing the words economic and/or history:
“But I would emphasize again that social and economic solutions, as such, will not avail to satisfy the aspirations of the people unless they conform with the traditions of our race, deeply grooved in their sentiments through a century and a half of struggle for ideals of life that are rooted in religion and fed from purely spiritual springs.”
—Herbert Hoover (1874–1964)
“Postmodernism is, almost by definition, a transitional cusp of social, cultural, economic and ideological history when modernism’s high-minded principles and preoccupations have ceased to function, but before they have been replaced with a totally new system of values. It represents a moment of suspension before the batteries are recharged for the new millennium, an acknowledgment that preceding the future is a strange and hybrid interregnum that might be called the last gasp of the past.”
—Gilbert Adair, British author, critic. Sunday Times: Books (London, April 21, 1991)