Economy
Significant branches of the oblast's economy are:
- oil refining & chemicals processing
- transportation (important sea and river ports, oil pipelines and railway);
- viticulture and other forms of agriculture, notably the growing of wheat, maize, barley, sunflowers and sugar beets.
The region's industrial capability is principally concentrated in and around Odessa.
Read more about this topic: Odessa 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)
“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)