Economy
Chichen Itza was a major economic power in the northern Maya lowlands during its apogee. Participating in the water-borne circum-peninsular trade route through its port site of Isla Cerritos on the north coast, Chichen Itza was able to obtain locally unavailable resources from distant areas such as obsidian from central Mexico and gold from southern Central America.
Between AD 900 and 1050 Chichen Itza expanded to become a powerful regional capital controlling north and central Yucatán. It established Isla Cerritos as a trading port.
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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 (18721933)
“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.”
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