Economy
This is a table of the trend in regional gross value added by the Isle of Wight economy at current basic prices by the Office for National Statistics with figures in millions of pounds.
| Year | Regional Gross Value added | Agriculture | Industry | Services |
|---|---|---|---|---|
| 1995 | 831 | 28 | 218 | 585 |
| 2000 | 1,202 | 27 | 375 | 800 |
| 2003 | 1,491 | 42 | 288 | 1,161 |
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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)
“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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)