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:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)
“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)