Economy
The kibbutz economy is based on hi-tech, tourism and agriculture. Data Detection Technologies, established in 2002, provides advanced counting and packaging solutions for the seed, pharmaceutical and diamond industries based on electro-optic technologies. Data counters are uniquely appropriate for items that are sold by units and not by weight. In the seed industry, prior to the advent of data seed counters, packaging was accomplished by weight. With the advent of seed counters, items are packaged in units as they are sold.
Hotel Mitzpeh Rachel is the only kibbutz hotel in Jerusalem. The hotel, surrounded by gardens, has 108 rooms with a panoramic view of Bethlehem, the Judean Desert and Herodion. The hotel also operates a convention center, tennis courts and a large swimming pool.
The kibbutz grows cherries, oranges, nectarines, grapefruit, olives, persimmons, figs, pomelos and tangerines.
Read more about this topic: Ramat Rachel
Famous quotes containing the word economy:
“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 (1812–1870)
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)