Economy
The industrial sector is the largest component of GDP at 42.6%, followed by the service sector at 41.1%. Agriculture represents 16.3% of GDP (2004). Rio Grande do Sul exports: footwear 18.1%, soybeans 14.2%, tobacco 13.6%, vehicles 8.1%, frozen meat 7.2%, chemicals 6.8%, and leather 5.3% (2002).
Share of the Brazilian economy: 6.7% (2005).
One of the most prosperous Brazilian states, Rio Grande do Sul is known especially for its grain production, viticulture, ranching, and for its considerable industrial output.
In 1827, emigrants from Idar-Oberstein discovered the world’s most important agate deposit in Brazil’s state of Rio Grande do Sul. As early as 1834, the first delivery of agate from Rio Grande do Sul had been made to Idar-Oberstein. The Brazilian agate exhibited very even layers, much evener that those seen in the local agates. This made them especially good for making engraved gems.
Read more about this topic: Rio Grande Do Sul
Famous quotes containing the word economy:
“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 (1844–1900)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)