Province of New York - Economy

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.

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Famous quotes containing the word economy:

    I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.
    Calvin Coolidge (1872–1933)