Economy
The kibbutz economy is based on hi-tech, tourism and agriculture. Data Detection Technologies, established in 2002, provides advanced counting and packaging solutions for the seed, pharmaceutical and diamond industries based on electro-optic technologies. Data counters are uniquely appropriate for items that are sold by units and not by weight. In the seed industry, prior to the advent of data seed counters, packaging was accomplished by weight. With the advent of seed counters, items are packaged in units as they are sold.
Hotel Mitzpeh Rachel is the only kibbutz hotel in Jerusalem. The hotel, surrounded by gardens, has 108 rooms with a panoramic view of Bethlehem, the Judean Desert and Herodion. The hotel also operates a convention center, tennis courts and a large swimming pool.
The kibbutz grows cherries, oranges, nectarines, grapefruit, olives, persimmons, figs, pomelos and tangerines.
Read more about this topic: Ramat Rachel
Famous quotes containing the word economy:
“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)
“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 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)