Economy
Northern California's economy is noted for being the de facto world leader industries such as high technology (both software and semiconductor), as well as being known for clean power, biomedical, government, and finance. Other significant industries include tourism, shipping, and agriculture. Its economy is diverse, though more concentrated in high technology, and subject to the whims of venture capital than any other major regional economy in the nation especially within Silicon Valley, and less dependent on oil and residential housing than Southern California. It is home to the state capital, as well as several Western United States regional offices in San Francisco, such as the Federal Reserve and 9th Circuit Court.
Read more about this topic: Northern California
Famous quotes containing the word economy:
“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 (1803–1882)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)