Economy
Agriculture is the primary industry in most of the Central Valley. A notable exception to the predominance of agriculture has been the Sacramento area, where the large and stable workforce of government employees helped steer the economy away from agriculture. Despite state hiring cutbacks and the closure of several military bases, Sacramento's economy has continued to expand and diversify and now more closely resembles that of the nearby San Francisco Bay Area. Primary sources of population growth are people migrating from the San Francisco Bay Area seeking lower housing costs, as well as immigration from Asia, Central America, Mexico, Ukraine and the rest of the former Soviet Union.
Read more about this topic: Central Valley (California)
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)