Economy
Vila das Aves and neighbouring communities are heavily reliant on textiles for jobs and income. The industry was once vibrant and not so long ago was still causing rush hours when workers were changing shifts; it is now declining, and many ghost factories, some of them architectural monsters, scar the landscape. Although the industry is declining, its effluents still pollute the nearby river Vizela, rendering it black and foamy most of the time and detracting from the beauty of its green banks. The decline of the textile industry has brought unemployment and social problems. However the enterprising local population are pressing ahead with the regeneration of the community. Services are displacing textiles as the main economic activity, and investment in real estate has been growing, fuelled by young demons moving in, attracted by the town’s high quality and low cost of living.
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Famous quotes containing the word economy:
“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.”
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