Economy
The Atlantic has contributed significantly to the development and economy of surrounding countries. Besides major transatlantic transportation and communication routes, the Atlantic offers abundant petroleum deposits in the sedimentary rocks of the continental shelves. The Atlantic hosts the world's richest fishing resources, especially in the waters covering the shelves. The major fish are cod, haddock, hake, herring, and mackerel.
The most productive areas include Newfoundland's Grand Banks, the Nova Scotia shelf, Georges Bank off Cape Cod, the Bahama Banks, the waters around Iceland, the Irish Sea, the Dogger Bank of the North Sea, and the Falkland Banks. Eel, lobster, and whales appear in great quantities. Various international treaties attempt to reduce pollution caused by environmental threats such as oil spills, marine debris, and the incineration of toxic wastes at sea.
Read more about this topic: Atlantic Ocean
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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)