Economy
By the 18th century the economy and society of Berat was closely connected to the city's craft guilds partly related to various tax exemptions that existed since the late Middle Ages. By 1750 there were twenty-two guilds, the most important of which were the tanners', the cobblers' and other leather-working guilds. Other guilds included metal-working, silver-smithing and silk-making ones.
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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.”
—Calvin Coolidge (1872–1933)
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—Alexander Herzen (1812–1870)