Economy
The city of Geneva dominates the economy of the canton. It is a center of commerce, trade and finance. Geneva is of international significance also as a financial center. A great number of Swiss banks are located in Geneva, particularly in the area of private banking.
The service industry is most significant in Geneva where there are headquarters of a number of international corporations and organizations, such as the United Nations and the International Labor Organization. Agriculture is commonplace in the hinterlands of Geneva, particularly wheat and wine. Precision machinery and instruments are other branches where the economy of the canton of Geneva is strong. This is also reflected in the tradition of watchmaking in Geneva.
Read more about this topic: Canton Of Geneva
Famous quotes containing the word economy:
“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 counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)