Economy
The New England region has a great diversity of mineral deposits ranging from large coal deposits in the Werris Creek to Boggabri area to metallics and gemstones on the tablelands. Antimony, coal, gold, sapphires and tin have been the most important economic commodities mined in the New England region.
There are numerous other business activities across the region ranging from small enterprises to large multi-national corporations that are producing goods for domestic and international markets. Aviation training is provided by the Tamworth-based BAE Systems flight training college, the Australasian-Pacific Aeronautical College.
Cattle and sheep are the predominant types of livestock produced in the New England and they have been produced since their importation during the earliest days of European settlement. The Northern Tablelands produce some of Australia's best fine wool and beef cattle. The western slopes are major areas for cotton and wheat. Other primary production activities include dairying, the production of grains, lamb, pork, fruit, potatoes, poultry, eggs, various mining activities, timber production, viticulture and aquaculture.
Read more about this topic: New England (New South Wales)
Other articles related to "economy":
... Scotland has a western style open mixed economy that is closely linked with the rest of Europe and the wider world ... Traditionally, the Scottish economy has been dominated by heavy industry underpinned by the shipbuilding in Glasgow, coal mining and steel industries ... and 1980s saw a shift from a manufacturing focus towards a more service-oriented economy ...
... Copper mining is an important part of the economy of Katanga province ... Cobalt mining by individual contractors is also prevalent ...
... argued in General Theory of Employment Interest and Money that lower aggregate expenditures in the economy contributed to a massive decline in income and to employment that was well below the average ... In such a situation, the economy reached equilibrium at low levels of economic activity and high unemployment ... governments have to run deficits when the economy is slowing, as the private sector would not invest enough to keep production at the normal level and bring the economy out of ...
... During its history Quincy has been known as a manufacturing and heavy industry center, with granite quarrying dominating employment in the 19th century and shipbuilding at Fore River Shipyard and Squantum Victory Yard rising to prominence in the 20th century ... The recent decades have seen a shift in focus to several large employers in the financial services, insurance and health care sectors of the economy ...
... The war furthered the decline of the Iranian economy that had begun with the revolution in 1978–79 ...
Famous quotes containing the word economy:
“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 (18031882)
“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 kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere 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)