Economy
The Port of Antwerp is the economic heart of the province. Until the agricultural crisis of 1880, the eastern part of the province was a largely agricultural region. The industrial development of the eastern part of the province, part of the Campine region, started at the end of the 19th century when industry established itself in the region. The availability of cheap labor, new roads, canals, tramways and railroads such as the Iron Rhine, stimulated the settlement of new industry. Brick making industry alongside the canals, paper and printing business in Turnhout. Non-ferrous metallurgy in Balen-Nete, dynamite factories in Arendonk and Balen. Tobacco and cigar factories in Arendonk and the first shoe factory in Herentals. During the 1920s, the industrial expansion of the region continued with the radium and copper factories in Olen, the glass factory in Mol-Gompel and the diamond industry in Grobbendonk and Nijlen.
In the 20th century the first nuclear installation in Belgium was established at the SCK•CEN in Mol in 1962. The European Institute for Reference Materials and Measurements (IRMM), one of the EU Joint Research Centres, was founded in Geel in 1957 as a result of the Treaty of Rome. Innotek is a technology centre located in Geel and is part of the European Business and Innovation Centre Network (EBN). Industry in the Campine region of the province is mainly located alongside the E313, the E34 and the Albert Canal.
Read more about this topic: Antwerp (province)
Famous quotes containing the word economy:
“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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)