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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)