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:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“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)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)