Economy
The Northern Basque Country has 29,759 companies, 107 companies for 1,000 inhabitants and an annual growth of 4.5% (between 2004 and 2006).
66.2% of companies are in the tertiary sector (services), 14.5% in the secondary sector (manufacturing) and 19.3% in the primary sector (mainly agriculture, agribusiness, fishing and forestry). This includes an AOC wine, Irouléguy AOC.
Although the Northern Basque Country is part of the Pyrénées-Atlantiques for most administrative entities, it does have its own Chamber of Commerce ( the CCI Bayonne-Pays-Basque) and a distinct economy with a pole of competences around the boardsports industry including companies such as Quiksilver and Volcom based on the Basque Coast.
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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)
“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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)