Economy
The economy is diversified with service, manufacturing, and agricultural industries spread throughout the province. The Port of San Fernando operates as an increasingly active shipping point, and the former American airbase Wallace Air Station, having been converted into a business and industrial area, helps to facilitate such commercial activity.
Tourism to the province is driven by airlines and passenger coach bus lines like regionally owned Farinas Transit Company, Viron Transit, Dominion Bus Lines and Partas.
Tourists often flock to the beaches of Bauang, or to the more secluded ones further north for snorkeling, surfing or other water sports; the more northerly beaches near San Juan specifically cater to both local surfers as well as portions of the world surfing circuit.
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Famous quotes containing the word economy:
“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)
“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)
“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)