Economics
Imperial County’s economy consists predominantly of government, agriculture and retail trade that represents approximately 70% of total county employment. Government services account for over one-third of total employment. Agriculture accounts for one-fourth of jobs with major crops of alfalfa, lettuce, sugar beets and carrots. Retail growth has been experienced due to increased population in the Imperial and Mexicali Valleys. In 2005, the Imperial Valley Mall opened attracting shoppers from the Valley area, including residents and tourists across the border from Mexicali, greatly contributing to the county’s retail sales.
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Famous quotes containing the word economics:
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)
“There is no such thing as a free lunch.”
—Anonymous.
An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)
“Women’s battle for financial equality has barely been joined, much less won. Society still traditionally assigns to woman the role of money-handler rather than money-maker, and our assigned specialty is far more likely to be home economics than financial economics.”
—Paula Nelson (b. 1945)