Economy
Despite the existence of small scale manufacturing, agriculture, and viticulture,it is retail and government administration that provide the primary impetus of local economy. Centred upon the administrative and commercial centre of the city at Rosny Park, retail provides the largest sector of the local economy, much of which in generated through Eastlands Shopping Centre, and the nearby shops of Bligh Street and Bastick Street.
The primary export product of the City of Clarence is now wine. Based primarily around the Coal River valley between Richmond and Acton Park, the city's viticulture industry is exemplified by European style wines, that are located at a similar latitude to French and German regions such as Champagne, Lorraine, Baden and Rheingau.
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Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)