Economy
Cultivated areas occupy nearly one-sixth of the prefecture. Rice is the principal crop: over 90 percent of the farmlands are rice fields. Most farms are small, producing slight income. Most farmers depend on income from other sources. Eastern Shiga is famous for cattle breeding and southeastern Shiga is famous for green tea. On Lake Biwa, some people are engaged in fishery and freshwater pearl farming.
Since the Medieval Period, especially in Edo period, many Shiga people were active in commerce and were called Ōmi merchants (近江商人, Ōmi shōnin, Ōmi akindo?), sometimes Ōmi thieves (近江泥棒, Ōmi dorobō?) by other envious merchants. For example, Nippon Life, Itochu, Marubeni, Takashimaya, Wacoal and Yanmar were founded by people from Shiga. In their home towns such as Omihachiman, Hino, Gokashō and Toyosato, their mansions were preserved as tourist attractions.
Beginning in the 1960s, Shiga developed industry, supporting major factories owned by companies such as IBM Japan, Canon, Yanmar Diesel, Mitsubishi, and Toray. According to Cabinet Office's statistics in 2007, the secondary sector of the economy accounted for 44.8% of Gross Shiga Product, the highest proportion in Japan. Traditional industries include textiles, Shigaraki ware, Butsudan in Hikone and Nagahama, medicines in Koka, and fan ribs in Adogawa.
Read more about this topic: Shiga Prefecture
Famous quotes containing the word economy:
“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 (1872–1933)
“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)
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—Henry David Thoreau (1817–1862)