Wearside - Economy

Economy

Like other parts of the North East, Wearside and Sunderland were economically structured by Primary industry; with a great deal of the economy once dependent on ship building and coal mining with large collieries such as Monkwearmouth Colliery, which declined rapidly during the mid 20th century, many areas have long been deprived with vast areas of unemployment as a result. The city of Sunderland and parts of Wearside have been slowly rejuvenated over the years and industry is now largely based around call centres, although many areas such as Easington still face social problems today.

Read more about this topic:  Wearside

Famous quotes containing the word economy:

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)