Economy
Akita is within proximity of the most important oil fields in Japan. Oil refining, woodworking, metalworking, and the production of silk textiles are the main industries. Akita is also home to two regional banks that serve Akita prefecture and the greater Tohoku region: Akita Bank and Hokuto Bank.
Read more about this topic: Akita City
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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)