Economy
Prior to the Second Intifada, about 50% of the Qarawat Bani Hassan's residents of working age were employed. About 40% worked in Israel and 10% in other work inside the village. Today, 10% of the working population worked in agriculture, 10% in Israeli settlements, and 10% as traders and store merchants.
Primary agricultural products include olives, wheat, almonds, figs. Olive oil is the main product and the village produces an average of 102,000 litres of oil per year. Its inhabitants mostly export to Jordan.
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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 (1817–1862)
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—Doris Lessing (b. 1919)
“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 (1803–1882)