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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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 (1803–1882)