Economy
The Chuvash Republic is the most populous and fertile country in the middle Volga region. There are deciduous woodlands on fertile black earth. In agriculture, wheat and sugar-beet, pigs and beef cattle have become more important than the rye, oats, barley and dairy cattle which are typical for the whole area.
The republic is Russia's center for hops growing and is famous throughout the country for its long history of beer brewing. It is also a major center for electrical engineering, especially in the area of power transmission and control systems. Other leading industries are metalworking, electricity generation, and chemical manufacturing. There are also large timber-working mills at Shumerlin.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“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)
“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)