Economy
The pre-war economy of Karafuto was based on fishing, forestry and agriculture, together with extraction of coal and petroleum. In terms of industry, the paper industry and the charcoal production industry were well developed. Karafuto suffered from a labor shortage through most of its history, and tax incentives were provided to encourage immigration. During World War II, a large number of Koreans were also forcibly relocated to Karafuto.
An extensive railway network was constructed in Karafuto to support the extraction of natural resources. The Karafuto Railway Bureau (樺太鉄道局, Karafuto Tetsudōkyoku?) maintained 682.6 kilometers of track in four main lines, and an additional 58.2 kilometers of track.
Read more about this topic: Karafuto Prefecture
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“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)
“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)