Editing Hagen (section)

==Economy==
Owing to the extensive use of water power along the rivers Ruhr, Lenne, Volme and Ennepe, metal processing played an important role in the region of Hagen in and even before the 15th century.{{citation needed|date=December 2016}}
In the 17th and 18th centuries, [[textile]] and steel industries, as well as [[paper]] production were developed here.{{citation needed|date=December 2016}}

In the early 21st century, Hagen is the home of the Suedwestfaelische Industrie- und Handelskammer, as well as [[Sparkasse Hagen]], the local [[Sparkasse (Germany)|public savings bank]]. The bank's former headquarters, the [[Sparkasse Hagen Tower]], was a regional landmark until its demolition in 2004.{{citation needed|date=December 2016}}

The city is heavily indebted and in the process of cutting city services in order to balance its budget.{{citation needed|date=December 2016}}

The city has capitalized on the export of a wide variety of breads, most notably ''Hagenschmagenbrot'', a traditional dark bread.