Economy
Agriculture and forestry are the main forms of land use in the Southern Uplands. Sustainable power has been in production for several decades: the Galloway hydro-electric power scheme was built between 1930 and 1936. More recently a number of wind farms have been developed on upland sites. Tourism and recreation are of increasing importance: walking, fishing and grouse shooting are traditional pursuits and mountain biking has become popular in recent years.
The textile industry employed large numbers in many of the towns of the Scottish Borders in the 19th and 20th centuries. Stocking frames were introduced in Hawick in 1771 and Galashiels' first woollen mill was built in 1800, but textile manufacture had a long history in the area: linen production had been a major industry since the Middle Ages. The textile industry declined in the late 20th century, with 7,800 people employed in 1981 and only 4,400 by 1998. However, it continues to be significant both to the local economy and to that of Scotland in general.
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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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)