Economy
Agriculture is an important industry, as are mineral extraction and power generation. The county also has healthy high technology, service and tourism sectors. The number of people claiming Job Seeker's Allowance is low, at 2.7%.
This is a chart of trend of regional gross value added for North Yorkshire at current basic prices with figures in millions of British Pounds Sterling.
| Year | Regional Gross Value Added | Agriculture | Industry | Services |
|---|---|---|---|---|
| 1995 | 7,278 | 478 | 2,181 | 4,618 |
| 2000 | 9,570 | 354 | 2,549 | 6,667 |
| 2003 | 11,695 | 390 | 3,025 | 8,281 |
Read more about this topic: North Yorkshire
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Famous quotes containing the word economy:
“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)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)