Economy
In the 1990s, the lead and zinc mine in the Meža Valley, the most highly industrialized valley of the region, and the lead smelter in Žerjav were closed down. The only factory in the area around the mine still operating is TAB, a manufacturer of batteries. Metal Ravne, the steel mill at Ravne, which was one of the largest employers in the Duchy of Carinthia in the 19th century, managed to survive and now specializes in alloy steel and machinery components. There are five hydroelectric plants in the Carinthian stretch of the Drava Valley, with a total capacity of about 60 megawatts, and metal products are produced in different places.
Read more about this topic: Carinthia (Slovenia)
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)
“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)