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:
“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 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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)