Economy
The communities and towns on the Bonavista Peninsula are in a slow decline as the importance of the fishing industry decreases. Geographically isolated from major population centres, the provincial government has been attempting to diversify the local economy; most notably in tourism where the region is blessed with spectacular landscapes adjacent to the ocean.
Read more about this topic: Bonavista Peninsula
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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)