Nord (French Department) - Economy

Economy

At the forefront of France's 19th century industrialisation, the area suffered severely during World War I and now faces the economic, social and environmental problems associated with the decline of coal mining with its neighbours following the earlier decline of the Lille-Roubaix textile industry.

Until recently, the department was dominated economically by coal mining, which extended through the heart of the department from neighbouring Artois into central Belgium.

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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 (1817–1862)