The town lies in the foothills of the Appenines fanning out into the broad fertile river valleys of the Arno, Tiber, Casentino, and Valdichiana. Arezzo is the administrative and economic capital of the large province of the same name, whose economy over the last fifty years has grown rapidly, shifting from agriculture to industry. It is now a major goldsmith center while tourism is the town’s other major employer. Arezzo's ability to combine its cultural heritage with a modern entrepreneurial identity makes it an important centre for the whole of eastern Tuscany.