Economy
The Jewish Autonomous Oblast is part of the Far Eastern Economic Region; it has well-developed industry and agriculture and a dense transportation network. Its status as a free economic zone increases the opportunities for economic development. The oblast's rich mineral and building and finishing material resources are in great demand on the Russian market. Nonferrous metallurgy, engineering, metalworking, and the building material, forest, woodworking, light, and food industries are the most highly developed industrial sectors.
Agriculture is the Jewish Autonomous Oblast's main economic sector owing to fertile soils and a moist climate.
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Famous quotes containing the word economy:
“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)
“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)