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:
“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)
“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)