Economy
Tula Oblast is part of the Central economic region. It is a prominent industrial center with metalworking, engineering, coalmining, and chemical industries. Major industrial cities include Novomoskovsk and Aleksin. Historical industries, such as firearm, samovar, and accordion manufacturing, still play an important role in the region.
The oblast also has a developed agricultural sector, which ranks 33rd in Russia in agricultural production. The sector includes farming grain (wheat and rye), potatoes, sugar beets, and vegetable growing, livestock raising, and dairying.
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Famous quotes containing the word economy:
“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)
“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)
“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)