Economy
The Kharkiv oblast has a primarily industrially based economy, including engineering, metallurgy, manufacturing, production of chemicals and food processing. It also has an important agricultural sector with 19,000 square kilometres of arable land (comprising 5.9% of the total arable lands of Ukraine).
Also in Kharkiv is the Airplane plant for space controlling systems. It is a major center for all branches of engineering, from large-scale manufacture to microelectronics. Also situated in Kharkiv Oblast is a gas field, which is one of the biggest in Ukraine.
Read more about this topic: Kharkiv Oblast
Famous quotes containing the word economy:
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)