Economy
The principal industry of the Long Beach Peninsula has become tourism, though fishing, crabbing, oyster farming, and cranberry farming are also important components of the local economy. The Long Beach Peninsula is located on the west side of the Willapa Bay, considered the number one producer of farmed oysters in the United States and among the top five producers worldwide.
The Long Beach Peninsula has become one of the most popular tourism destinations in the State of Washington and has attracted visitors from all over North America. As one of the final destinations of the Lewis and Clark Expedition, several television specials have brought publicity to this area. A multitude of events and festivals are held throughout the year including the Washington State International Kite Festival, the Sandsations sandcastle sculpting competition, and the annual The Rod Run to the End of the World, which attracts thousands of visitors on the weekend following Labor Day.
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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 (18171862)
“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 (18031882)
“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 (18721933)