Economy
At the forefront of France's 19th century industrialisation, the area suffered severely during World War I and now faces the economic, social and environmental problems associated with the decline of coal mining with its neighbours following the earlier decline of the Lille-Roubaix textile industry.
Until recently, the department was dominated economically by coal mining, which extended through the heart of the department from neighbouring Artois into central Belgium.
Read more about this topic: Nord (French Department)
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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)