Economy
São Paulo state is responsible for approximately one-third of Brazilian GDP. The state's GDP (PPP) consists of 550 billion dollars, making it also the biggest economy of South America and one of the biggest economies in Latin America, second after Mexico. Its economy is based on machinery, the automobile and aviation industries, services, financial companies, commerce, textiles, orange growing, sugar cane and coffee production. Minas Gerais is a growing state.
Read more about this topic: Southeast Region, Brazil
Famous quotes containing the word economy:
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)