Economy
The region's economy includes high technology, banking, chemical and metallurgical industries, coal, ore, food processing, and spirit and tobacco industries. The most industrialized city of the voivodeship is Kraków. The largest regional enterprise operates here, the Tadeusz Sendzimir Steelworks in Nowa Huta, employing 17,500 people. Another major industrial center is located in the west, in the neighborhood of Chrzanów (chiefly the production of railway engines) and Oświęcim (chemical works). Kraków Park Technologiczny, a Special Economic Zone, has been established within the voivodeship. There are almost 210,000 registered economic entities operating in the voivodeship, mostly small and medium-sized, of which 234 belong to the state-owned sector. Foreign investment, growing in the region, reached approximately USD 18.3 billion by the end of 2006.
Read more about this topic: Lesser Poland Voivodeship
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)