Economy
Industry generates slightly above 50% of the gross national product of Sakha, stemming primarily from mineral exploitation. Industrial enterprises are concentrated in the capital Yakutsk, as well as in Aldan, Mirny, Neryungri, Pokrovsk, and Udachny. The diamond, gold and tin ore mining industries are the major focus of the economy. Uranium ore is beginning to be mined. Turkic-language Sakha are in politics, government, finance, economy and cattle-breeding (horses and cows for milk and meat). The Paleoasian indigenous peoples are hunters, fishermen, and reindeer herders. As of 2008, Sakha Republic is the 19th most developed federal subject in Russia.
Read more about this topic: Sakha Republic
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)
“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)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)