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:
“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)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)