Economy
Schweinfurt is known for its metal industry, especially ball-bearing plants and bicycle manufacturing; see also FAG Kugelfischer, ZF Sachs AG and SKF. The pigment Schweinfurt Green, which is extremely toxic, was manufactured here. Owing to its heavy concentration in primarily one industry, Schweinfurt has suffered high unemployment rates (over 6%) relative to the Bavarian average, especially since German reunification. Politically, with its heavy concentration of workers and labor unions, Schweinfurt is traditionally the most left-leaning county in the otherwise heavily right-leaning Bavaria. The GDP per capita of Schweinfurt is the third highest in Germany with 65,852 EUR per inhabitant and in 2007 a study ("Prognos Zukunftsatlas 2007") named Schweinfurt as the most dynamic town in Germany. On the other hand the crime rate in Schweinfurt is about 60% higher than the average for Germany (making it the highest crime rate in Bavaria).
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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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)