Economy
Along with Timiş County it forms one of the most developed regions in Romania. Due to its proximity to the border, it attracts a great number of foreign investments. The agricultural potential is greatly put into value, Arad plains being considered one of the most important ceral and legume producing basins.
The predominant industries in the county are:
- Machine and automotive components.
- Food.
- Textiles.
Natural resources in Arad, are worthy to be taken into account as there are oil and associated gases, points of extraction in the west of he county, molibden mines in the Săvârșin area, marble quarries at Căprioara and Moneasa, mineral waters at Lipova, Moneasa, Dorobanți, Curtici, Macea and uranium deposits in the NE part of the county.
Read more about this topic: Arad County
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)
“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)