Economy
The northern areas of Alabama contain a wide variety of industrial, manufacturing, and hi-tech corporations with both large and small operations. Each of the three economic centers in the region (Huntsville, Decatur, and Florence) have a distinct type of economic base. The Huntsville area is mostly dominated by hi-tech industries and federal operations such as Boeing and NASA. The Decatur area, in the central part of the region, is dependent mostly on industrial and manufacturing companies, such as General Electric and 3M, but some hi-tech and federal entities like the United Launch Alliance, who produces launch vehicles for NASA and other agencies, and the Tennessee Valley Authority also have roots in the area. The Florence area, also known as "The Shoals", is primarily dependent on industry and manufacturing, hosting companies such as Sara Lee, but also relies heavily on agriculture.
Read more about this topic: North Alabama
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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)