Economy
At the forefront of France's 19th century industrialisation, the area suffered severely during World War I and now faces the economic, social and environmental problems associated with the decline of coal mining with its neighbours following the earlier decline of the Lille-Roubaix textile industry.
Until recently, the department was dominated economically by coal mining, which extended through the heart of the department from neighbouring Artois into central Belgium.
Read more about this topic: Nord (French Department)
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)
“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)