Economy
Agriculture is the primary industry in most of the Central Valley. A notable exception to the predominance of agriculture has been the Sacramento area, where the large and stable workforce of government employees helped steer the economy away from agriculture. Despite state hiring cutbacks and the closure of several military bases, Sacramento's economy has continued to expand and diversify and now more closely resembles that of the nearby San Francisco Bay Area. Primary sources of population growth are people migrating from the San Francisco Bay Area seeking lower housing costs, as well as immigration from Asia, Central America, Mexico, Ukraine and the rest of the former Soviet Union.
Read more about this topic: Central Valley (California)
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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)