Economic Activities
The economy is based on services, industry and some agriculture. The GDP in 2005 was R$2 billion 800 million, with 1 billion 120 million from services, 1 billion 250 thousand from industry, and 17 million from agriculture. There were 824 transformation industries in 2005 with 15,000 workers. Heavy industry was important with 23 factories producing mainly pig iron. There is an Iveco-Fiat plant, which opened in 2001, that produces trucks and vans.
Read more about this topic: Sete Lagoas
Famous quotes containing the words economic and/or activities:
“A different world can be created or re-createdbut not until we stop enshrining the economic values of invisible labor, infinite and obsessive growth, and a slow environmental suicide.”
—Gloria Steinem (b. 1934)
“The old, subjective, stagnant, indolent and wretched life for woman has gone. She has as many resources as men, as many activities beckon her on. As large possibilities swell and inspire her heart.”
—Anna Julia Cooper (18591964)