Economy
Due to the historically agricultural nature of the economy, many areas of North Devon were considered deprived. The average income for the district is 73% of the average for the United Kingdom as a whole.
The largest employers in the area are the National Health Service, mainly through North Devon District Hospital in Barnstaple, and the Ministry of Defence, at Royal Marines Base Chivenor and Arromanches Camp, Instow, and North Devon Council.
Read more about this topic: North Devon
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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 counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)