Economy
Las Khorey is a city that is booming and experiencing a period of rapid growth as new small factories are being created and opened, including a fish factory.
As with other cities and districts in the Sanaag region, Las Khorey's commercial and labor sectors were historically neglected by several of Somalia's various federal administrations, with the town's population count consequently plummeting. However, this trend appears to be reversing, as many people have begun working in the city's new factories. Another reason for the growth in population is that after the civil war broke out, Somalis from the Warsangali sub-clan of the Darod began migrating back to their traditional strongholds in northern Somalia, including Las Khorey.
The city is also surrounded by a mountain range referred to locally as Cal Madow, which reportedly has valuable but as yet unexploited mineral deposits. This is in addition to the area's overall unique natural habitat.
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Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)