Economy
Las Khorey is a city that is booming and experiencing a period of rapid growth as new small factories are being created and opened, including a fish factory.
As with other cities and districts in the Sanaag region, Las Khorey's commercial and labor sectors were historically neglected by several of Somalia's various federal administrations, with the town's population count consequently plummeting. However, this trend appears to be reversing, as many people have begun working in the city's new factories. Another reason for the growth in population is that after the civil war broke out, Somalis from the Warsangali sub-clan of the Darod began migrating back to their traditional strongholds in northern Somalia, including Las Khorey.
The city is also surrounded by a mountain range referred to locally as Cal Madow, which reportedly has valuable but as yet unexploited mineral deposits. This is in addition to the area's overall unique natural habitat.
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Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“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)