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:
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)