Economy
The capital, Lausanne, is the major city of the canton. There are light industries concentrated around it. In 1998, 71.7% of the workers worked in the tertiary sector and 20.8% in the secondary.
The canton is the second-largest producer of wine in Switzerland. Most of the wine produced in the canton is white, and most vineyards are located on the steep shores of Lake Geneva such as the UNESCO World Heritage Site the Lavaux Vineyard Terraces. There is agriculture in the areas away from Lake Geneva. Sugar beet is important around Orbe, tobacco in La Broye Valley and fruit is grown on the foot of the Jura mountains. Cattle breeding and pasture are common in the Alps and the Jura mountains. There is a salt mine at Bex. Tourism is important in many towns along the Lake Geneva. Major lakeside resorts include Lausanne, Montreux and Vevey.
The Union Cycliste Internationale is based in Aigle and many of its defamation lawsuits against critics have been heard in the Est Vaudois district court of Vevey.
Read more about this topic: Vaud
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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)