The Economy
Although Ouro Preto now relies heavily on the tourism industry for part of its economy, there are important metallurgic and mining industries located in town, such as Novelis, former Alcan, the most important aluminum factory in the country, the Companhia Vale do Rio Doce, and others. Main economic activities are tourism, transformation industries, and mineral riches such as deposits of iron, bauxite, manganese, talc and marble.
Minerals of note are: gold, hematite, dolomite, tourmaline, pyrite, muscovite, topaz and imperial topaz. The imperial topaz is a stone only found in Ouro Preto.
Soapstone handicraft items are a popular souvenir among tourists, and can be found in many shops in the town centre and street fairs. Jewelry made of local precious and semi-precious gemstones (such as hematite) can also be found in abundance for sale.
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Famous quotes containing the word economy:
“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 (18031882)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we really experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (18441900)