Economy
Taupo is a tourist centre, particularly in the summer, as it offers panoramic views over the lake and to the volcanic mountains of Tongariro National Park to the south. It offers a number of tourist activities including sky diving, jet boating and paragliding.
Taupo services a number of surrounding plantation pine forests including Kaingaroa Forest, the largest manmade forest in the world, and related industry. A large sawmill is sited approximated 3 km to the north east of the town on Centennial Drive.
The Wairakei geothermal power station is a few kilometres north of the town.
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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)
“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)
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—Ralph Waldo Emerson (1803–1882)