Economy
Historically Barrow's economy was dominated by the manufacturing sector, with the Barrow Hematite Steel Company and Vickers Shipbuilding and Engineering being amongst the most important global companies in their respective fields during the 20th century. In the present day, manufacturing remains the largest employment sector in the town with BAE Systems Submarines Solutions being the single largest employer. However, like most of the UK, employment trends have greatly diversified since the 20th century and there are no other predominant employment sectors in Barrow.
Read more about this topic: History Of Barrow-in-Furness
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (18971977)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (18031882)
“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 (18171862)