Economy
Even though it is now one of the poorest parts of Russia, the republic has abundant forests and rich soil. The region is famous for producing grain, sunflowers, tea, tobacco, and other produce. Hog and sheep breeding are also developed.
Food, timber, woodworking, pulp and paper, heavy engineering, and metal-working are the most developed industries.
Read more about this topic: Republic Of Adygea
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)