Economy
The fur trade established under Dutch rule continued to grow. As the merchant port of New York became more important, the economy expanded and diversified, and the agricultural areas of Long Island and the regions further up the Hudson River developed.
Read more about this topic: Province Of New York
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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (18971977)
“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)