Economy
The Atlantic has contributed significantly to the development and economy of surrounding countries. Besides major transatlantic transportation and communication routes, the Atlantic offers abundant petroleum deposits in the sedimentary rocks of the continental shelves. The Atlantic hosts the world's richest fishing resources, especially in the waters covering the shelves. The major fish are cod, haddock, hake, herring, and mackerel.
The most productive areas include Newfoundland's Grand Banks, the Nova Scotia shelf, Georges Bank off Cape Cod, the Bahama Banks, the waters around Iceland, the Irish Sea, the Dogger Bank of the North Sea, and the Falkland Banks. Eel, lobster, and whales appear in great quantities. Various international treaties attempt to reduce pollution caused by environmental threats such as oil spills, marine debris, and the incineration of toxic wastes at sea.
Read more about this topic: Atlantic Ocean
Famous quotes containing the word economy:
“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 kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there 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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)