Economy
There are about 36,000 people employed in Wels. Of that, about 63% are in the service sector. Wels is known as an important city for shopping and the location of several gymnasiums (grammar school) and higher vocational schools and also of a vocational college. Furthermore, it is famous for the Wels Fair, which takes place every two years in the autumn.
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Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)