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:
“Politics at all times lead to bloody wars, and not only politics, but also religions as well as social and economic systems of all times are spattered with blood. Invariably the big ones devoured the little ones, and the little ones the tiny ones.”
—Friedrich Dürrenmatt (1921–1990)
“Love and work are viewed and experienced as totally separate activities motivated by separate needs. Yet, when we think about it, our common sense tells us that our most inspired, creative acts are deeply tied to our need to love and that, when we lack love, we find it difficult to work creatively; that work without love is dead, mechanical, sheer competence without vitality, that love without work grows boring, monotonous, lacks depth and passion.”
—Marta Zahaykevich, Ucranian born-U.S. psychitrist. “Critical Perspectives on Adult Women’s Development,” (1980)