Economy
The city's income is based on tourism and fishing. Many of its former inhabitants migrated to Europe during the 1960s through 1980s; large numbers of Moroccans in the Netherlands, Belgium, France and Spain were Al Hoceima natives. Many return to Al Hoceima during the summer, stimulating its economy and encouraging investment.
Since the 1990s, many western-oriented businesses have opened in Al Hoceima, including pizza parlors, fast food restaurants and clothing stores.
Read more about this topic: Al Hoceima
Famous quotes containing the word economy:
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)