Economy
As a seaside resort, the economy is mainly based around tourism; there are hotels and guest houses on and near the seafront, to accommodate the influx of all year round visitors. Although the number of hotels in recent years has declined because of the high land redevelopment values, this has resulted in an improvement in quality of the existing premises. The High Street has a wide variety of independent shops and services, and there are a small number of factories mainly situated on the small industrial estates on the town's borders. The above-average population age has led to many health and social care jobs at local care homes. As of the 2001 UK census, 1.8% of the population resided in a medical or care establishment, which is more than double the national average of only 0.8%. Many jobs in education are provided by the town's relatively high number of schools and colleges.
Read more about this topic: Broadstairs
Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“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)
“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)