Economy
The municipality is famed for the production of fruit and wine.
In the 1990s, the joint-venture Volkswagen-Ford AutoEuropa vehicle production plant opened, to produce the Mk1 MPV sold under three marques: Volkswagen Sharan, SEAT Alhambra, and Ford Galaxy. After Ford left the joint-venture, the plant has since continued to produce the Volkswagen and SEAT products, and added the Volkswagen Eos and Volkswagen Scirocco.
Read more about this topic: Palmela Municipality
Famous quotes containing the word economy:
“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 (18031882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“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 (18121870)