Economy
Today, Jena is a manufacturing city, specializing in precision machinery, pharmaceuticals, optics and photographic equipment and is home to the famous Zeiss optics plant. In 1926, the world's first modern planetarium was built by the Zeiss company in the Damenviertel district of the town.
Today, the city's economy diversifies into bioinformatics, biotechnology, software and photonics. The metropolitan area of Jena is among Germany's 50 fastest growing regions, with many internationally renowned research institutes and companies, a comparatively low unemployment and a very young population structure. Jena was awarded the title "Stadt der Wissenschaft" (city of science) by the Stifterverband für die Deutsche Wissenschaft, a German science association, in 2008.
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Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)