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:
“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)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (18971977)