Economy
The communities and towns on the Bonavista Peninsula are in a slow decline as the importance of the fishing industry decreases. Geographically isolated from major population centres, the provincial government has been attempting to diversify the local economy; most notably in tourism where the region is blessed with spectacular landscapes adjacent to the ocean.
Read more about this topic: Bonavista Peninsula
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)