Economic History
The coal and shipbuilding industry that once dominated the North East suffered a marked decline during the second half of the twentieth century. Tyneside is now re-inventing itself as an international centre of art, culture and, through The Centre For Life, scientific research, especially in stem cell technology. The Quayside and The Gate are popular areas for their nightlife. Sunderland suffered economic decline during the last century, but is now becoming an important area for quaternary industry, science and high technology. The economy of Teesside is largely based on the petrochemical and steel industries. Northumberland and County Durham are both largely rural, and base much of their economies on farming and tourism.
In May 2005, the "Passionate people. Passionate places." regional image campaign was launched to promote North East England as a great place in which to work, study, visit and invest.
The friction match was invented in Stockton-on-Tees in 1826 by John Walker.
Read more about this topic: Geordieland
Famous quotes containing the words economic and/or history:
“The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.”
—John Kenneth Galbraith (b. 1908)
“In history the great moment is, when the savage is just ceasing to be a savage, with all his hairy Pelasgic strength directed on his opening sense of beauty;and you have Pericles and Phidias,and not yet passed over into the Corinthian civility. Everything good in nature and in the world is in that moment of transition, when the swarthy juices still flow plentifully from nature, but their astrigency or acridity is got out by ethics and humanity.”
—Ralph Waldo Emerson (18031882)