Economy
Ernakulam district is bestowed with all the geographical factors, which help the development of industry, and it is in the vanguard of all other districts in Kerala in the field of industry. The availability of all types of transport facilities viz., road, rail, canal, sea, air is a factor which is unique to this district. Ernakulam is perhaps the biggest commercial center in the state of Kerala. Its M.G. Road is the location of some of the biggest businesses in Kerala.
The sea along the entire coast of the district and the backwaters abound in fish of various kinds offer enormous natural facilities for both marine and inland fisheries. Kochi is an ideal place that supports fisheries in its various aspects like education, research and development.
Read more about this topic: Ernakulam District
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)
“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)
“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 (1872–1933)