Economy
Iwate's industry is concentrated around Morioka and specializes in semiconductor and communications manufacturing.
As of March 2011, the prefecture produced 3.9% of Japan's beef and 14.4% of broiler chickens. In 2009, 866 tons of dolphins and whales were harvested off the coast of Iwate, accounting for more than half of Japan's total catch of 1,404 tons.
Read more about this topic: Iwate Prefecture
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)
“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)
“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)