Economy
During the 1970s, the El Niño climate pattern, an earthquake, and overfishing drastically affected the fishing industry, and restrictions were imposed to ensure its survival. More than 75 percent of Peru's fishing industry is based in Chimbote.
Chimbote is the largest fishing port in Peru. Chimbote has more than 30 fish factories. Chimbote's active commerce and its diversified industrial development are characteristic of the city. Its population includes workers who have experience in fishing, naval, canning, and the iron-and-steel industry.
Chimbote also has beaches that support tourism.
Read more about this topic: Chimbote
Famous quotes containing the word economy:
“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)
“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 (1872–1933)
“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)