Economy
The Chuvash Republic is the most populous and fertile country in the middle Volga region. There are deciduous woodlands on fertile black earth. In agriculture, wheat and sugar-beet, pigs and beef cattle have become more important than the rye, oats, barley and dairy cattle which are typical for the whole area.
The republic is Russia's center for hops growing and is famous throughout the country for its long history of beer brewing. It is also a major center for electrical engineering, especially in the area of power transmission and control systems. Other leading industries are metalworking, electricity generation, and chemical manufacturing. There are also large timber-working mills at Shumerlin.
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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)
“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)
“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)