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
Famous quotes containing the word economy:
“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)
“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)