Economy
The main industries in Oryol Oblast are the food and light industries, engineering and metalworking, and ferrous and nonferrous metallurgy. The engineering and metalworking industries manufacture production equipment for various industries, forklift trucks, construction and agricultural equipment, and machinery for municipal services. Numerous companies in the instrument-making and electronics sectors maintain high scientific and technical potential with the latest high-end technologies and experienced specialists.
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Famous quotes containing the word economy:
“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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)