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:
“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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)