Economy
Even though it is now one of the poorest parts of Russia, the republic has abundant forests and rich soil. The region is famous for producing grain, sunflowers, tea, tobacco, and other produce. Hog and sheep breeding are also developed.
Food, timber, woodworking, pulp and paper, heavy engineering, and metal-working are the most developed industries.
Read more about this topic: Republic Of Adygea
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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)