Economy
See also: Economy of Italy#North–South divideThe area has one of the highest GDP per capita in Europe. Northern Italy is the most developed and productive area of the country, and the first part of Italy to be industrialized in the last half of the 19th century, the so-called industrial triangle formed by the manufacturing centres of Milan and Turin and the seaport of Genoa. Nowadays, the industrial core of the area shifted eastward, with just Lombardy remaining from the original industrial triangle, together with Veneto and Emilia-Romagna; the same shift happened for GDP per capita, with the eastern regions being today wealthier, always together with Lombardy, than Piedmont and Liguria. With a 2008 nominal GDP estimated in €860.6 billion, Northern Italy accounts for about 60% of the Italian economy, despite having less than 50% of the population.
Read more about this topic: Northern Italy
Famous quotes containing the word economy:
“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)
“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)
“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)