Economy of Finland - Industry

Industry

From the 1990s, Finnish industry, which for centuries had relied on the country's vast forests, became dominated by to a larger extent by electronics and services, as globalization lead to a decline of more traditional industries. Outsourcing resulted in more manufacturing being transferred abroad, with Finnish-based industry focusing to a greater extent on R&D and hi-tech electronics.

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Famous quotes containing the word industry:

    He had much industry at setting out,
    Much boisterous courage, before loneliness
    Had driven him crazed;
    For meditations upon unknown thought
    Make human intercourse grow less and less....
    William Butler Yeats (1865–1939)

    The development of civilization and industry in general has always shown itself so active in the destruction of forests that everything that has been done for their conservation and production is completely insignificant in comparison.
    Karl Marx (1818–1883)

    Your representative owes you, not his industry only, but his judgement; and he betrays instead of serving you if he sacrifices it to your opinion.
    Edmund Burke (1729–1797)