Economy
Agriculture in the forms of cattle ranching and the growing of wheat, corn and sunflowers is the primary economic activity in the region. The aridity of the region necessitates either dryland farming methods or irrigation; much water for irrigation is drawn from the underlying Ogallala Aquifer, which makes it possible to grow water-intensive crops such as corn, which the region's aridity would otherwise not support. Some areas of the High Plains have significant petroleum and natural gas deposits.
The combination of oil, natural gas, and wind energy along with plentiful underground water, has allowed some areas (such as West Texas) to sustain a range of economic activity, including occasional industry. For example, the ASARCO refinery in Amarillo, Texas has been in operation since 1924 due to the plentiful and inexpensive natural gas and water that are needed in metal ore refining.
Read more about this topic: High Plains (United States)
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)
“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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)