Economy
Although set within the typically prosperous county of West Sussex, much of Bognor Regis and Littlehampton are ranked amongst the 20% most deprived areas in the UK as a whole on the Index of Multiple Deprivation. The district contains a large tourism sector, attracting visitors to the South Downs in the north, and the beaches of Bognor Regis and Littlehampton in the south, the latter of which holds a prestigious Blue Flag Award. Consequently, the district suffers from high amounts of seasonal employment, with the Office for National Statistics estimating that nearly 11% of the population of Arun is employed in the tourism sector, compared to 8% nationally, whilst 28% of people work in the distribution, hotels and restaurants sector, compared to just 23% nationally. Arun also has a higher number of public sector workers than either the regional or national average, and a significantly smaller finance and IT sector than the rest of the South East and wider UK.
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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 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)
“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)