Economic Development
The Cherokee Nation controls Cherokee Nation Businesses, a holding company which owns companies in gaming, construction, aerospace and defense, manufacturing, technology, real estate, and healthcare industries. The Nation also operate its own housing authority and issues Tribal vehicle and boat tags.
The Cherokee Nation's estimated annual economic impact is $1.06 billion on the state’s economy, $401 million in salaries, and supports 13,527 Cherokee and non-Cherokee jobs.
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Famous quotes containing the words economic and/or development:
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists.”
—Ernest Hemingway (1899–1961)
“On fields all drenched with blood he made his record in war, abstained from lawless violence when left on the plantation, and received his freedom in peace with moderation. But he holds in this Republic the position of an alien race among a people impatient of a rival. And in the eyes of some it seems that no valor redeems him, no social advancement nor individual development wipes off the ban which clings to him.”
—Frances Ellen Watkins Harper (1825–1911)