Economy
Streator's economic history has been tied with its natural resources. Coal was the initial catalyst of the city's economy from 1866 until the late 1920s. As the community matured, silica deposits provided the resource for Streator's next industry leader: glass-container manufacturing. While the coal industry eventually died, glass manufacturing remains a presence in Streator. Agriculture and related agri-business in the farmlands of LaSalle County and nearby Livingston County are also a strong influence in Streator's economic engine. Though manufacturing provides the greatest share of earnings, the service industry now accounts for the largest share of jobs.
Read more about this topic: Streator, Illinois
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)