Economy
The Yugoslav Wars and their consequences altered the way and quality of living in Novi Travnik. Economy of Novi Travnik was greatly dependent to the BNT "Bratstvo" which was almost completely disabled during the war (see Banja Luka incident). MK "Bratstvo used to employ more than 7000 people and was the cornerstone of Novi Travnik.
Read more about this topic: Novi Travnik
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get a good job, but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (18171862)
“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 (18171862)