Economy
In the last decades, tourism has turned into one of the most important economic activities. The population doubles in the summer months, principally for the beaches, recreational activities, musical festivals, concerts, and Fashion Week. In addition the city is an obligatory stop for hundreds of pilgrims that arrive in the city of Coquimbo, where during The Serenade they find lodging for visiting the zone and Valle de Elqui.
In this city there are located branches of the more important chain stores of the country, Mall Plaza La Serena, which has the national shops Falabella and Paris. Also Mall Puerta Del Mar, contains 2 supermarkets, and regional multistores, such as, La Elegante, and shops for the home and construction, The downtown is one of the places with major economic and financial institutions of the Coquimbo Region.
Read more about this topic: La Serena Song Festival
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)