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.
Read more about this topic: Antofagasta Region
Famous quotes containing the word economy:
“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)
“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)
“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)