Economy
The Antofagasta Region is the heart of the mining industry, Chile’s main source of export revenue. It represents 53% of Chile’s mining output, led by copper and followed by potassium nitrate, gold, iodine, and lithium. The mining industry accounts for 93.7% of the region’s exports.
Fishing and manufacturing also contribute to the income of the area.
The availability of infrastructure and services, due to the region’s mining boom, together with its abundance of beautiful natural scenery, have opened vast prospects for the travel industry, both in the interior and on the coast. Interesting tourist attractions include the small town of San Pedro de Atacama, once the center of the Atacameño culture, Atacama Salt Flat, the Valley of the Moon, the Quitor Pukará, the Puritama hot springs and the numerous astronomical observatories including the Very Large Telescope.
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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 (18721933)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we really experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (18441900)