Economy and Culture
The region's principal industries include manufacturing, services, retail, and financial services. The capital of Santiago serves as the country's administrative, industrial, commercial, financial and cultural center, producing 41.5% of Chile's gross domestic product, according to central bank estimates. The Plaza de Armas, the central square in downtown Santiago, hosts the city's cathedral and city hall. Eight city blocks around the presidential palace, La Moneda, are where most ministries, services and commercial banks can be found. Vitacura and El Golf host most of the city's high-rise buildings and are also home to the Latin American headquarters of several United Nations organizations. Though Santiago's expansion has caused newer vineyards to more rural locations, many of the country's oldest wineries, built in the 19th century, have preserved cellars in the valley.
Read more about this topic: Santiago Metropolitan Region
Famous quotes containing the words economy and, economy and/or culture:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“The best hopes of any community rest upon that class of its gifted young men who are not encumbered with large possessions.... I now speak of extensive scholarship and ripe culture in science and art.... It is not large possessions, it is large expectations, or rather large hopes, that stimulate the ambition of the young.”
—Rutherford Birchard Hayes (1822–1893)