Economics
Imperial County’s economy consists predominantly of government, agriculture and retail trade that represents approximately 70% of total county employment. Government services account for over one-third of total employment. Agriculture accounts for one-fourth of jobs with major crops of alfalfa, lettuce, sugar beets and carrots. Retail growth has been experienced due to increased population in the Imperial and Mexicali Valleys. In 2005, the Imperial Valley Mall opened attracting shoppers from the Valley area, including residents and tourists across the border from Mexicali, greatly contributing to the county’s retail sales.
Read more about this topic: Imperial Valley
Famous quotes containing the word economics:
“There is no such thing as a free lunch.”
—Anonymous.
An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)
“Religion and art spring from the same root and are close kin. Economics and art are strangers.”
—Willa Cather (1876–1947)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)