Economy
The industrial sector is the largest component of GDP at 42.6%, followed by the service sector at 41.1%. Agriculture represents 16.3% of GDP (2004). Rio Grande do Sul exports: footwear 18.1%, soybeans 14.2%, tobacco 13.6%, vehicles 8.1%, frozen meat 7.2%, chemicals 6.8%, and leather 5.3% (2002).
Share of the Brazilian economy: 6.7% (2005).
One of the most prosperous Brazilian states, Rio Grande do Sul is known especially for its grain production, viticulture, ranching, and for its considerable industrial output.
In 1827, emigrants from Idar-Oberstein discovered the world’s most important agate deposit in Brazil’s state of Rio Grande do Sul. As early as 1834, the first delivery of agate from Rio Grande do Sul had been made to Idar-Oberstein. The Brazilian agate exhibited very even layers, much evener that those seen in the local agates. This made them especially good for making engraved gems.
Read more about this topic: Rio Grande Do Sul
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“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)
“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)